THQ Nordic acquires Warhouse Studios
THQ Nordic acquires Warhouse Studios ⚡⚡⚡ Esports and gaming news, analytics, reviews on WePlay! The latest news on WePlay!
THQ Nordic has announced that they have signed an agreement with Prague based Warhorse Studios on acquiring the Czech company. We know Warhouse for the award-winning game Kingdom Come: Deliverance and the man called Daniel Vavra — genius, billionaire, playboy, philanthropist. The dubbed amount is 33.2 million euros. Lars Wingefors, CEO of THQ Nordic AB, has said in the statement:
'Warhorse Studios is one of the leading independent studios in Europe and I am proud to welcome them to the THQ Nordic group. Kingdom Come: Deliverance, which has now sold over 2 million copies, has been a great success since the release exactly one year ago. I look forward to continue working with the founders who will continue managing the studio under strong creative freedom for many years to come.'
Some business details:
- THQ Nordic acquires 100% of the shares in Warhorse Studios. So it's THQ Nordic's first owned development studio in the Czech Republic.
- Warhouse received the sum in cash.
- All intellectual property rights for Kingdom Come: Deliverance from now on belong to THQ Nordic.
- THQ wants the developer to continue working as an independent studio.
'Becoming part of THQ Nordic family is an important milestone for our studio. We began as a small start-up with a handful of employees who were enthusiastic enough to join this challenging project. The skills of our team members, trust and support of our main investor and passion of our fans, who supported development of Kingdom Come: Deliverance through a Kickstarter campaign, helped us grow to an international level. We believe that backing by THQ Nordic will give us an extra push in our mission to bring exciting games to our customers and extend the frontiers of the gaming industry,' — says Martin Frývalský, CEO Warhorse Studios.
We remind you that THQ Nordic also acquired Deep Silver last year. Warhorse Studios collaborated with Deep Silver to release Kingdom Come: Deliverance, so we can suggest that THQ is on their way to acquire all Deep Silver's ex-partners.