|OT| Embracer Group's (ex-THQ Nordic AB) acquistion spree | FQ4-FY19-20 report

prudis

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THQ Nordic has acquired Piranha Bytes, the studio behind the Gothic, Risen, and Elex series, the company announced.
The acquisition includes the development studio and all intellectual property rights. THQ Nordic and Piranha Bytes have agreed upon not disclosing the purchase price, but stated, “the purchase price equals c. three years of what management’s estimated royalty payments to Piranha for upcoming titles would have been, if the acquisition had not occurred.”
Piranha Bytes will remain an independent game development studio under the newly formed entity Piranha Bytes GmbH. The team will continue to focus on game development and have “full creative freedom in doing so,” whereas THQ Nordic will act as the studio’s publisher. The studio will continue to be led by CEO Michael Ruve and head of games Bjorn Pankratz, and all active owners will remain in their current roles.

Lars Wingefors, Group-CEO THQ Nordic AB
“Piranha Bytes is one of the most iconic german game studios and the creators of RPG´s Gothic, Risen and, more recently, Elex. The three strong IPs have proven successful and will be great additions to our portfolio. We look forward bringing Piranha team into the family which has received legendary status across the RPG community as their fan base cherishes their current games and eagerly anticipates their new titles in the future.”

Michael Ruve, CEO Piranha Bytes
“We have a successful and long-standing relationship with THQ Nordic and are very excited to join the group. THQ Nordic has unparalleled experience and capabilities in games development and publishing, and we are convinced they are the perfect partner to support Piranha in taking the studio to the next level. We see a unique opportunity to continue to develop great, memorable and impactful RPG games, now being part of the THQ Nordic family.”






THQ Nordic has signed with Metro series developer 4A Games for an “upcoming, still undisclosed, AAA project,” the company announced.
The company also mentioned that its THQ Nordic, Deep Silver, and Coffee Stain Studios groups currently have a collective 80 games in development, 48 of which are currently unannounced.

THQ Nordic signs unannounced AAA title by 4A Games - Gematsu
 
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Ge0force

Excluding exclusives
Jan 12, 2019
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Yeah let's hope THQ Nordic doesn't make any more exclusivity deals with Epic. They have spoken out against these deals, but as seen with Take Two, that doesn't mean anything.
 
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Rosenkrantz

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Apr 22, 2019
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80 titles in development? THQ goes under in 3, 2, 1...

Would be awful to see PB games exclusive to the EGS, but I assume a year is enough time to fix most of the bugs, so that's a plus.
 

sk2k

Under my name?
Dec 8, 2018
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Noooooooooooo. JoWood was the shitty publisher responsible for PB's Gothic 3. THQ Nordic was more or less formed out of JoWood. I feel bad for PB:(
 
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FunktionJCB

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Oct 10, 2018
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Noooooooooooo. JoWood was the shitty publisher responsible for PB's Gothic 3. THQ Nordic is formed out of JoWood. Yeah. :(
To be fair, the current THQ Nordic has little to do with JoWood.
The company bought assets and games from JoWood, but doesn't really share staff or management.
 

sk2k

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To be fair, the current THQ Nordic has little to do with JoWood.
The company bought assets and games from JoWood, but doesn't really share staff or management.
THQ Nordic (formerly known as Nordic Games) took over also parts of the staff/workforce from JoWooD.
 

Milena

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Terrible news, I've bought pretty much everything from PB close to release, but I don't want to support THQ Nordic anymore :persevering-face:
 
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InquisitorAles

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Oct 19, 2018
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So much for MS acquisition :steam_pig_scowling:
MS approached them, but MS approached many studios in the last year and having those talks behind the scene never automatically means that deal will pass any further. And I've mentioned before that it was not just MS, but THQ/Deep Silver as well who were interested in acquiring 4A, so I guess THQ was more convincing and managed to at least secure rights on publishing their next game. It's interesting how it will end up regardless, but I highly doubt that 4A will stay independent for long.
 

Taborcarn

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Feb 28, 2019
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Ugh THQ Nordic is in charge of Wasteland 3 and Iron Harvest? That sucks, I was looking forward to those. Oh well, I have plenty games from my backlog still to play.
 

lashman

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Sep 5, 2018
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Ugh THQ Nordic is in charge of Wasteland 3 and Iron Harvest? That sucks, I was looking forward to those. Oh well, I have plenty games from my backlog still to play.
if it makes you feel better - Iron Harvest will probably be egsclusive anyway ;)
 

gabbo

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Ive never sunk any time into a PB game, beyond the opening 30 minutes of Risen. If this is a good move for them, great. Hopefully more polish will come of this.
Id like to know some info on the 40+ under wraps games and not hear "egs exclusive" for them if possible.
 

unknownhero

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There's just one thing I want to know, when are we gonna hear from volition? I need my saints row fix, i want it to be like 2 with 3's controls.
 
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lashman

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No. Why no, that doesn't make me feel better at all.
:minos_sad:
oops

well, either way - i'm afraid it will be ... i remember seeing a tweet or something suggesting that :( sorry

There's just one thing I want to know, when are we gonna hear from volition? I need my saints row fix, i want it to be like 2 with 3's controls.
yeah ... we need SR5
 

MJunioR

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Hm, to be quite honest, after Gat out of Hell and Agents of Mayhem, unless the next Saints Row takes a big step back to SR2's style and atmosphere I probably won't be getting it until it gets pretty cheap on a HB or Steam Sale.

Then there's Destroy All Humans. If we get a DAH 1 / 2 remaster on Steam, I'd buy that day one. If they decide to make it an EGS exclusive for whatever reason, then it's another one to the ignore list. I don't have any reason to believe that this THQ can get a new DAH game right, so I won't even think about it.

Timesplitters and Carmageddon are games that I'm barely somewhat interested, but considering that THQ usually uses a decent regional pricing I might buy them day one, on Steam, if it's a good port and all. or maybe I buy it on a 20% off sale, something like that.

That said, out of 80 titles, THQ hasn't a single one that I'm really hyped for.
 

unknownhero

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Hm, to be quite honest, after Gat out of Hell and Agents of Mayhem, unless the next Saints Row takes a big step back to SR2's style and atmosphere I probably won't be getting it until it gets pretty cheap on a HB or Steam Sale.

Forgive the speculation and the off topic nature but there's something interesting that IdolNinja, Volition's CM, tweeted.


this could mean a ton of things but it's theorized that Volition found the SR2 source code. If so then oh boy!
 
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Spamlynguist

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Forgive the speculation and the off topic nature but there's something interesting that IdolNinja, Volition's CM, tweeted.


this could mean a ton of things but it's theorized that Volition found the SR2 source code. If so then oh boy!
 

MJunioR

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Forgive the speculation and the off topic nature but there's something interesting that IdolNinja, Volition's CM, tweeted.


this could mean a ton of things but it's theorized that Volition found the SR2 source code. If so then oh boy!
Oh shit, if that's true and a SR2 remaster is a possibility then Volition has my attention. SR2, with decent performance, working co-op, Steam Cloud, Achievements and workshop support is all I could ever ask from them.
 
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gabbo

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Forgive the speculation and the off topic nature but there's something interesting that IdolNinja, Volition's CM, tweeted.


this could mean a ton of things but it's theorized that Volition found the SR2 source code. If so then oh boy!
they lost the source code? Isn't the game only around 10-12 years old?
 
OP
prudis

prudis

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as i said in the stean thread
depends , ultimately its just internal reshuffle between subsidiaries of Embracer group .
You have to look ar how both Nordic and DeepSilver/Koch operates and what studios each of them has.

So lets look at this by IP: (my opinions)
  • Painkiller to Koch => could be cool , DS has more FPS and FPS capable studios or connections
  • Red Faction to Koch => good news, Volition is subsidiary of DS and now they gonna have direct access of their old IP
  • Sacred to Nordic => great nows looking at how Nordic handles Titan Quest IP and if you remember how DS fucked over this IP
  • Risen to Nordic => great news becazse Piranhas are now subsidiary of Nordic alongside Gothic and Elex IP , so just completing their portfolio under single roof
  • Rush to Berlin to Nordic => this might be ideal candidate for remaster or at least rerelease , which are Nodic better at
  • Second Sight to Nordic => this one confuses me , Its ex FreeRadiacal IP and these devs are now under DS as Dambuster ... might be just clearing the IP for rerelease while Dambuster works with S. Ellis on Timesplitters project
  • Singles to Nordic => i guess dont really fit the DS portfolio
some of it makes absolute sense (RF, Rise or Sacred) and is good news , :-D
 
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Aelphaeis Mangarae

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It's worth noting that we know of the existence of a Red Faction project. A year or two ago, Red Faction: Evolution leaked via Nvidia. Unknown who is developing it. Assuming the project didn't get canned, it's being published by Deep Silver now, which would imply a bigger budget.
 
FQ4-FY19-20 report New
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prudis

prudis

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With the acquisition of Saber Interactive, the Group currently has over 118 games under development including 69 still yet to be announced titles.

We expect substantial growth in the current financial year driven by a large number of high quality releases, for which we are excited to the reception among gamers. We expect the value of completed games will more than doubles from SEK 589 million to SEK 1,200-1,400 in the current financial year ending March 31, 2021. This growth will be underpinned by recent and upcoming new game releases such as Biomutant, Chorus, Deep Rock Galactic, Destroy all Humans!, Iron Harvest, MotoGP 20, Ride 4, Snowrunner, Wasteland 3, WWE2K Battlegrounds (in collaboration with 2K) and a host of other titles that have not yet started their marketing campaigns. On top of this, we expected a solid performance from our back catalog supported by strong demand for many of our beloved franchises, including Darksiders, Dead Island, ELEX, Goat Simulator, Kingdom Come Deliverance, Metro, Monster Energy Supercross, MX vs ATV, Remnant: From the Ashes, Satisfactory, Saints Row, Wreckfest and World War Z, among others.

Looking into the next financial year ending March 31 2022, we expect continued organic growth driven by further increase in the value of completed games including the first AAA games releases since Metro Exodus. From this year on we expect to have AAA releases every year.

To drive further organic growth in the years ahead, many talented people across all our operating units are continuously scouting for new attractive game development projects.
Embracer Group publishes Full Year Report and Q4, January-March 2020: OPERATIONAL EBIT INCREASED 35% TO SEK 1,033 M FOR THE FINANCIAL YEAR - Embracer

















 
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