THQ Nordic has purchased Dead Island owner Koch Media

Saints Row IV

Saints Row, Dead Island and Metro publisher Koch Media acquired by THQ Nordic

THQ Nordic issued a statement this morning announcing they have acquired 100% of Koch Media for 121 million Euros. In September 2017, THQ Nordic raised SEK 598 million in a directed share issue in order to finance potential acquisitions of franchises, game development studios, publishers or other objects that complement the operations.

There are no plans to restructure following the acquisition, nor any "cost saving measures" on the horizon, suggesting that layoffs are unlikely. Those studios will continue to operate as they do now, now under the banner of THQ Nordic. Some of the properties such as de Blob and Darksiders went to relatively unknown publisher Nordic Games.

The move reunites some of those titles with the THQ label. With Nordic Games later snapping up the THQ name in 2013, the studio has now got its hands back on all those major franchises once more. In doing so, the former also acquires Deep Silver-publisher of Saints Row, Dead Island, Kingdom Come Deliverance and the incoming Shenmue 3.

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Deep Silver has four ongoing Triple A projects in the works at the moment, including Metro Exodus and another game from Volition, which is presumably a new Saints Row title.

In a note to press, THQ Nordic said it has no plans to restructure Deep Silver, which hopefully means jobs are safe (there are 150 people now at Volition, for example), and Koch Media will continue to operate as a separate entity within the THQ Nordic group. He believes that THQ Nordic will be a great strategic fit for Koch Media, as it has the skills, willingness, and capital to deliver growth in the future. Nordic Games changed its name to THQ Nordic not long after purchasing the rights to those games.

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