Software firm Ubisoft acquires THQ Montreal
MONTREAL - Software company Ubisoft said Wednesday it has acquired THQ Montreal as well as the publishing rights for the upcoming video game South Park: The Stick of Truth being developed by Obsidian.
Financial terms of the deal were not immediately available.
The company said the deal will see THQ Montreal join Ubisoft's development teams.
"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.
Ubisoft is a producer, publisher and distributor of video games with more than 6,250 employees around the world.
Latest Tech Galleries
Before the advent of agriculture 10,000 years ago, humans got their food by hunting, gathering, and fishing. Scientists are turning to these ancient me... More Before the advent of agriculture 10,000 years ago, humans got their food by hunting, gathering, and fishing. Scientists are turning to these ancient methods of subsistence for insights into how we can feed our growing global population in years to come—without overwhelming the planet. In its September 2014 issue, National Geographic magazine explores the evolution of the human diet across a wide spectrum of cultures: http://www.nationalgeographic.com/foodfeatures/evolution-of-diet/ By 2050 we'll need to feed two billion more people. Click here for a special eight-month series exploring how we can do that—without overwhelming the planet: http://food.nationalgeographic.com.
Date 23 hrs ago, Duration 1:19, Views 237