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THQ Nordic Acquires Koch Media

THQ Nordic have announced they have acquired Koch Media for €121 million. Koch Media is the parent company for Deep Silver, publishers of Saints Row, Metro, and Shenmue III.

HQ Nordic CEO Lars Wingefors said in the press release…

“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.”

 

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