Koch Media has been bought by THQ Nordic in a 121-million euro deal, according to IGN. With the purchase, THQ Nordic will also acquire video game publisher under the Koch Media umbrella, Deep Silver, whose franchises include Saints Row and Dead Island, recently released title Kingdom Come: Deliverance, and Shenmue 3, scheduled for release in the second half of 2018.
It appears that the THQ namesake is coming full-circle, having filed for bankruptcy in 2012 and fully dissolving the following year. Nordic Games rebranded itself as THQ Nordic in 2016, following the purchase of a number of original THQ IPs. The recent purchase of Koch Media provides the potential to reunite additional games to their original studios, such as Red Faction and Summoner, which were originally developed by Volition, but bought by Nordic Games following THQ’s dissolution.
In a statement released on February 14th surrounding news of the acquisition, Koch Media CEO, Dr. Klemens Kundratitz, stated that the move made sense for both companies, indicating that Koch Media was a solid fit with THQ Nordic due to its ability to produce AAA titles, along with THQ’s ability to willingly support those endeavors from an investment perspective.
Thus far, there has been no news regarding layoffs for any of the impacted companies, nor has there been any indication that restructurings or other cost-saving efforts will take place.
Especially considering that employment will remain unaffected, it is hard to see a downside in this deal for either company. The news of the acquisition could be coming at the perfect time for Koch Media, as Deep Silver’s Kingdom Come: Deliverance is off to a rocky start with lukewarm reviews primarily due to technological issues requiring multiple large patches in its first week of release. THQ Nordic could potentially be able to come to the aid of the game, but a bigger takeaway would be the long-term thought that THQ Nordic could help prevent these kinds of headaches in the future by being able to provide more support investment-wise, such as additional headcount or other quality assurance measures.
It will no doubt take a few weeks to fully flesh out and understand how the newly-acquired Koch Media will integrate into THQ Nordic’s ecosystem, but given the history between the two companies, there should be reason to believe that exciting things are coming our way.