Nordic Games, the publisher behind games like the Painkiller franchise, Singstar, and others has tentatively acquired the rights to some old THQ assets.
Nordic Games have have acquired the rights to the Darksiders franchise, Red Faction, MX vs. ATV, Titan Quest, Stuntman, Supreme Commander, Frontlines, Destroy All Humans, and more.
The acquisition of these IPs is subject to approval by the US Bankruptcy Court on May 13, 2013.
Nordic Games have have acquired the rights to the Darksiders franchise, Red Faction, MX vs. ATV, Titan Quest, Stuntman, Supreme Commander, Frontlines, Destroy All Humans, and more.
Subject to approval of the bankruptcy court overseeing THQ’s case, Nordic Games will acquire more than 150 SKUs for a purchasing price of USD 4.9 million spanned across PC, Microsoft, Nintendo and Sony platforms.
This constitutes the biggest acquisition deal in the company history of Nordic Games so far. The acquisition is handled by Nordic Games Licensing AB, based in Karlstad, Sweden, whereas the day-to-day business (sales and distribution of said titles, evaluation of sequels & new content etc.) with the acquired portfolio will be conducted by Nordic Games GmbH, based in Vienna, Austria. The Vienna based business along with its North American sister company, Nordic Games NA Inc. already takes care of the previously acquired JoWooD and DreamCatcher IPs.
“First and foremost we are very happy about this deal which also turns over a new leaf for the entire Nordic Games Group. In the long term, we either want to cooperate with the original creators or best possible developers in order to work on sequels or additional content for these titles” comments Lars Wingefors, owner and CEO of Nordic Games Group AB. “A very important point for us is not to dash into several self-financed multi-million dollar projects right away, but rather to continue our in-depth analysis of all titles and carefully selecting different financing models for developing new instalments of acquired IPs.
This constitutes the biggest acquisition deal in the company history of Nordic Games so far. The acquisition is handled by Nordic Games Licensing AB, based in Karlstad, Sweden, whereas the day-to-day business (sales and distribution of said titles, evaluation of sequels & new content etc.) with the acquired portfolio will be conducted by Nordic Games GmbH, based in Vienna, Austria. The Vienna based business along with its North American sister company, Nordic Games NA Inc. already takes care of the previously acquired JoWooD and DreamCatcher IPs.
“First and foremost we are very happy about this deal which also turns over a new leaf for the entire Nordic Games Group. In the long term, we either want to cooperate with the original creators or best possible developers in order to work on sequels or additional content for these titles” comments Lars Wingefors, owner and CEO of Nordic Games Group AB. “A very important point for us is not to dash into several self-financed multi-million dollar projects right away, but rather to continue our in-depth analysis of all titles and carefully selecting different financing models for developing new instalments of acquired IPs.
The acquisition of these IPs is subject to approval by the US Bankruptcy Court on May 13, 2013.