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THQ Nordic Acquires Black Forest Games

by Rainier on Aug. 21, 2017 @ 9:45 a.m. PDT

THQ Nordic announced that it has acquired 100% of the shares from the five founders of Black Forest Games.

Also, an Asset Purchase Agreement with Black Forest Games was concluded to acquire the intellectual properties “Giana Sisters”, “Helldorado” and “Rogue Stormers”, which will be now part of the THQ Nordic Portfolio of IPs and Franchises.

The IP-acquisition itself is being handled by THQ Nordic AB, based in Karlstad, Sweden, whereas the day-to-day business and the share deal is handled by THQ Nordic GmbH, based in Vienna, Austria. THQ Nordic GmbH is taking over 100 % of the company including the whole team. The five founders will stay on board to continue the success story of the 50 people studio.

Black Forest Games is currently working on an unannounced project for PC, PlayStation 4 and Xbox One. More details regarding this project will be revealed soon.

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