In a move that’s ever-so-slightly reminiscent of that scene in a horror movie where the monster picks up the arm that the heroes just lopped off and reattaches it, THQ Nordic have bought up Koch Media, who are often better known by their publishing label Deep Silver.
Buying up 100% of the share capital, THQ Nordic have only needed to part with €121 million in cash and without taking on debt, which is equivalent to an equity value of €91.5 million, if you know what that means – I don’t. Koch Media will continue to operate as a separate entity under THQ Nordic once the transaction is complete, with no restructuring expected to occur.
The move reunited a bunch of old THQ franchises under the THQ branding once more, with Koch Media having bought up Volition and their Saints Row series and spiritual successor Agents of Mayhem, kept the Homefront series going through Dambuster Studios and Homefront: The Revolution, and holding the publishing partnership with 4A Games for Metro: Exodus. Of course, Deep Silver have their own series, including Dead Island and publishing Kingdom Come: Deliverance just yesterday.
Here’s hoping the combined companies can go on to greater things.
Source: THQ Nordic