THQ Nordic Has Acquired Koch Media

THQ Nordic has always been that one publisher and developer that just doesn’t seem to lose steam. Now more so than ever, THQ Nordic is prospering. Their extended fiscal year (Jan 1, 2018 – Mar 31, 2019) saw increases across the board. Deep Silver saw a big push, earning SEK 794 million mostly because of the success of Metro Exodus. Coffee Stain also had a good period since their acquisition. Satisfactory the game had a successful early access launch on Epic Games store, helping Coffee Stain bring in SEK 98 million.

THQ Nordic has also invested SEK 305.2 million (roughly $31 million USD) into their “Growing Development Pipeline”. Notable mentions are a newly resigned deal with 4A games on an unannounced, AAA project. Between Coffee Stain, Deep Silver and THQ Nordic there are currently 80 games in development. 48 of those games are unannounced.

THQ Nordic also announced the acquisition of German studio Piranha Bytes. If you are wanting more information on the financial report, you can take a look by clicking the link: Source – THQ Nordic Financials