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.