Swedish computer game developer THQ Nordic announced Monday that it has bought the German game studio Black Forest Games, in a deal worth up to €1.36 million.
Popular games developed by Black Forest Games include its Giana Sisters series, in which a girl must manipulate her dreams in order to save her imprisoned sister, and multiplayer game Rogue Stormers, in which players fight orcs and goblins with customizable weapons.
The acquisition is relatively small for THQ Nordic, which had a valuation of €190 million when it went public on the Nasdaq First North stock exchange last November. Nevertheless, THQ Nordic seems to be pleased with the deal.
"We have been working with the people at Black Forest Games for several years now," said Lars Wingefors, founder of THQ Nordic, as reported by Breakit. "Their technical skills, combined with their graphic work and outstanding game design, convinced us even more to take the step of acquiring this well-developed studio that will be the largest internal development studio at THQ Nordic. "
Read more: Breakit (Swedish)
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