THQ Nordic have announced they have acquired Milestone S.r.l. for an undisclosed amount.
Lars Wingefors, CEO of THQ Nordic, said in the press release:
“Milestone has developed racing games for 25 years now and is leading the two-wheel racing game genre today. With 50 developed games since inception, eight million copies sold since 2013 and five games under development, I am convinced that Milestone will see continued success in the future. I am thrilled to welcome Luisa and her experienced team to the THQ Nordic group.”
Although it is wholly owned by Koch Media, Milestone will continue to act as an independent entity under Koch Media once the acquisition is completed.
The company are best known for developing racing games including Monster Energy Supercross, MXGP, and the MotoGP franchise.