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Shiggy · Aug 22, 2017

THQ Nordic acquires the independent developer Black Forest Games GmbH

THQ Nordic is today announcing that the company has acquired 100% of the outstanding shares from the five founders of Black Forest Games GmbH. The development studio was founded 2012 and based on the legacy of Spellbound Entertainment, the company been one of Germany's longest existing independent developers.

Also, an Asset Purchase Agreement with Black Forest Games was concluded to acquire the intellectual properties Giana Sisters, Helldorado and Rogue Stormers amongst other assets, which will be part of the THQ Nordic Portfolio of IPs.

The IP-acquisition itself is being handled by THQ Nordic AB, based in Karlstad, Sweden, whereas the day-to-day business and the share deal is handled by THQ Nordic GmbH, based in Vienna, Austria. THQ Nordic GmbH is taking over 100% of the company including the whole team for a total cash consideration of EUR 900,000. A potential performance based earnout of EUR 450,000 to the five founders is also an addition. They will stay on board to continue the success story of the 50 people studio.

Lars Wingefors: We have been working with the folks from Black Forest Games for years now. Their technical skills, accompanied by breath-taking art direction and excellent game design, convinced us even more to take this next step and to acquire this well-managed studio, which will be the largest in-house development studio of THQ Nordic.

Black Forest Games currently working on an unannounced open-world title for PC, PlayStation 4 and Xbox One. More details regarding this project will be revealed soon.

Regardless of this purchase, they will still finish Bubsy: The Woolies Strike Back.

RetroDLC · Aug 22, 2017

Oh, I didn't know they were making the new Bubsy, it might turn out half decent then.

@MUWANdo · Aug 22, 2017

Where the hell does THQ Nordic find the money to acquire new studios/IPs every other week?

Rymuth · Aug 22, 2017

@MUWANdo said:
Where the hell does THQ Nordic find the money to acquire new studios/IPs every other week?

Came here for this.

Duchess O'Death · Aug 22, 2017

THQ Nordic is moving up on the big publishers list. I hope they don't take WB's path. WB went rapidly from the bottom to top then to the bottom again!

ITSMILNER · Aug 22, 2017

THQ Nordic are becoming quite the company now, they have some interesting stuff on the horizon

SinCityAssassin · Aug 22, 2017

@MUWANdo said:
Where the hell does THQ Nordic find the money to acquire new studios/IPs every other week?

Isn't the CEO a billionaire.

DieH@rd · Aug 22, 2017

ITSMILNER said:
THQ Nordic are becoming quite the company now, they have some interesting stuff on the horizon

Hopefully they won't get into the "games with peripherals" business like the old THQ did.

Santar · Aug 22, 2017

Black Forest Games haven't made anything above mediocre yet as far as I've played and the new Bubsy looks like it fits that description too unfortunately, but good luck to both parties, hope something good comes out of this.

ScientificPizza · Aug 22, 2017

it's going to be super weird if new THQ becomes better than the old THQ

SinCityAssassin · Aug 22, 2017

ScientificPizza said:
it's going to be super weird if new THQ becomes better than the old THQ

They seem to have far less restraint regarding titles considering they never built their survival on licensed game contracts.

qanters · Aug 22, 2017

Black Forest Games is made up of Spellbound Entertainment devs who worked on the Desperado games.

THQ actually bought the rights to the Desperados IP from Atari in 2013.

Possible Desperados reboot coming ?

Sentenza · Aug 22, 2017

THQ Nordic marching on.
They could also give us a new S.T.A.L.K.E.R. since they are on a roll.

Tecnniqe · Aug 22, 2017

Keeping the goat name THQ alive

Fantastapotamus · Aug 22, 2017

THQ Nordic is becoming this dream publisher which then turns dreams into mediocre and underwhelming games.

Prove me wrong Nordic

pswii60 · Aug 22, 2017

Giana Sisters reboot sucked. And next they're doing Bubsy. Strange acquisition move.

Tizoc · Aug 22, 2017

@MUWANdo said:
Where the hell does THQ Nordic find the money to acquire new studios/IPs every other week?

All them weekly discounts on their games are finally getting put to use xp

Acorn · Aug 22, 2017

Bring back red faction

DbaziNews · Feb 14, 2018

THQ Nordic Acquires Koch Media and Deep Silver
Source

Soltype · Feb 14, 2018

So THQ is back again ip wise?

FF:Enhanced_Reality · Feb 14, 2018

Nordic have been buying up IP rights for years now. Their portfolio must be huge.

Pacotez · Feb 14, 2018

Fantastapotamus said:
THQ Nordic is becoming this dream publisher which then turns dreams into mediocre and underwhelming games.

Prove me wrong Nordic

DS3 is looking good.

SirKicksalot · Feb 14, 2018

So Volition has access to Geo-Mod again. I'm sure Nordic already had a Red Faction in development, but maybe some of the RFG/Armageddon creative and tech people are still at Volition and can help.

Northeastmonk · Feb 14, 2018

I thought THQ sold all their properties because they weren't doing well in the first place. Interesting

I have owned a few Deep Silver titles. I wonder if production value costs were too high on their successful IP's.

LOLCats · Feb 14, 2018

Dbazi.com said:
THQ Nordic Acquires Koch Media and Deep Silver
Source

Yep came inside to mention. Seems new thread worthy.

I sure hope that AAA Volition game is SR5

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