THQ Montreal making new IP for new owner Ubisoft

Ubisoft has officially confirmed its acquisition of THQ Montreal.

With it comes the publishing rights to the Obsidian-developed RPG South Park: The Stick of Truth as well as a new, yet-to-be announced IP in development” at the former THQ studio.

This deal adds experienced developers to our internal creative teams at a key moment in the cycle of the video game industry,” Ubisoft Montreal president Yannis Mallat stated.

Ubisoft now lays claim to the second largest in-house development staff in the world, spanning 26 studios across 19 countries and employing over 6,250 staff.

South Park: The Stick of Truth is now scheduled for release in calendar 2013.

About MCV Staff

Check Also

trop [Industry news] Trophy Games Makes Its Largest Acquisition Ever - and Upgrades Its Outlook

[Industry news] Trophy Games Makes Its Largest Acquisition Ever – and Upgrades Its Outlook

The Danish publicly traded computer game company Trophy Games is acquiring the French game developer Playrion from Paradox Interactive. This is the largest acquisition in Trophy Games' history and will form the foundation for a new series of simulation games. At the same time, the company is raising its revenue expectations for the year to €22.8-€24.1 million . With the acquisition of French Playrion, Trophy Games gains 30 new employees and a new foundation for future growth.