Ubisoft Acquires THQ Montreal

As many of you know THQ is having financial issues and filed Chapter 11. This means they are reorganizing and trying to find ways to pay off their debts. Once way of doing this is selling off different parts of the company. And today this was done when Ubisoft acquired THQ Montreal. They will be joining the already existing 26 studios in 19 countries and more then 6,250 employees that Ubisoft has that are dedicated to creating video games. Ubisoft was already has the second-largest in-house development staff, so this is a nice addition for them.

Now the studio was not the only thing they purchased. Ubisoft also gets  publishing rights for a very anticipated and funny game, South Park: The Stick of Truth.  South Park: The Stick of Truth is being created by external developer Obsidian and is planned for release sometime this year. Obsidian was also the studio behind Fallout: New Vegas. Fingers crossed that it will be awesome.