THQ Nordic acquires Deep Silver, Saints Row and Dead Island

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THQ Nordic CEO, Lars Wingefors, said that the company is convinced that the developers under Deep Silver will deliver at least four ongoing AAA game projects including Metro Exodus as well as the next AAA releases by Volition and Dambuster Studios. Any projects now under development at Deep Silver will remain, which hopefully means Dead Island 2 is still on the way despite its long, troubled development.

The move may seem sudden, but a number of recent commercial flops for Deep Silver have likely made it an easier sell. After Volition's Agents of Mayhem failed to make an impression, over 30 people lost their jobs at the studio.

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THQ Nordic has stated that although it won't be interfering with any of the in-development projects that are now slated, it will be closely monitoring and delegating resources to Koch's game division. Deep Silver oversees franchises such as Saints Row, Dead Island and Metro, and is acting as publisher for titles like Bloodstained, Kingdom Come: Deliverance and Radiant Historia.

In addition to Deep Silver's publishing contracts, THQ Nordic will also acquire their internal studios. He believes that THQ Nordic will be a great strategic fit for Koch Media, as it has the skills, willingness, and capital to deliver growth in the future. Nordic Games bought the THQ name in 2013 when it picked up Darksiders, Titan Quest, Supreme Commander, Red Faction and other THQ properties, and re-branded as THQ Nordic a year later. Furthermore, Koch Media itself will continue to function as a separate entity under the THQ Nordic umbrella, and Deep Silver's current slate of in-development projects are still moving ahead. In terms of games, that means the publisher now has control of Dead Island, Saints Row, and the Metro series, as well as their existing IPs.

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