THQ Nordic, the publisher that owns Red Faction and Darksiders, has just bought Koch Media, the parent company of Deep Silver.
The deal to acquire Koch Media is worth €121 million, and will grant the licences to games like Metro and Dead Island.
There are several studios involved in the acquisition, including Volition, developers of Saints Row; Fishlabs Entertainment, known for the Galaxy on Fire series; and Dambuster, who made Homefront.
Koch Media CEO Klemens Kundratitz said:
“I strongly believe that THQ Nordic is a great strategic fit with Koch Media. In addition to having long experience within games development and publishing, THQ Nordic has the skills, willingness and capital to deliver growth in the future.”
The CEO of THQ, Lars Wingefors, stressed that Koch Media’s studios will operate as normal:
“Koch Media has a long history of profitability despite losses incurred from some less successful game releases. THQ Nordic is convinced that the development studios of Deep Silver as part of THQ Nordic will successfully deliver at least four ongoing AAA game projects including Metro Exodus as well as the next Volition Studio AAA release and the next Dambuster Studio AAA release, together with a number of other game development and publishing titles.”