THQ Nordic acquires Kingdom Come: Deliverance developer
Warhorse Studios, the developer behind the extremely realistic, and sometimes weird medieval life title Kingdom Come: Deliverance, has been bought out by THQ Nordic. As terms of the deal, Daniel Vavra and Martin Klima will remain in place. They helped found the studio, and will serve with current CEO Martin Fryvalsky in management positions. The company will be an independent subsidiary under the umbrella of Koch Media, itself a wholly-owned subsidiary of THQ Nordic.
“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 two 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,” commented THQ Nordic AB CEO, Lars Wingefors.
The deal includes full IP rights for Kingdom Come: Deliverance and was completed using a mix of cash and newly-issued stock in THQ Nordic. The total value of the deal comes to roughly 42.8 million Euro.
Kingdom Come: Deliverance launched in February 2018 on PlayStation 4, PC, and Xbox One, and our review felt it was a bit too janky and weird to be fully enjoyed.
THQ Nordic has been on a bit of a purchasing spree lately, picking up many different properties and studios in various investment and acquisition deals. The company managed to snap up the Kingdoms of Amalur IP, along with other classic game franchises. The team has also purchased the rights to Second Sight. Another grab for THQ Nordic was TimeSplitters. This sci-fi shooter saw some niche success since it’s release in 2000. It will be very interesting to see what a new lease on life could do for these franchises.
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