Ubisoft Acquires THQ Montreal, Rights to South Park- The Stick of Truth
Ubisoft picks up THQ Montreal, and a few of their IPs.
Ubisoft has announced their acquisition of THQ Montreal, including the publishing rights to the highly anticipated South Park: The Stick of Truth, which is currently in development externally at developer Obsidian. THQ has recently filed for Chapter 11 bankruptcy, and is currently auctioning off most of its assets.
“This deal adds experienced developers to our internal creative teams at a key moment in the cycle of the video game industry,” said Yannis Mallat, president of Ubisoft Montreal.
The acquisition also gave Ubisoft publishing rights to Obsidian’s upcoming, yet-to-be-announced title in development at the studio.