Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 18, 2019
arrowPress Releases








If you enjoy reading this site, you might also want to check out these UBM Tech sites:


THQ Nordic acquires  Gothic  and  Risen  developer Piranha Bytes

THQ Nordic acquires Gothic and Risen developer Piranha Bytes

May 22, 2019 | By Chris Kerr




THQ Nordic has purchased Gothic and Risen developer Piranha Bytes for an undisclosed fee.

Notably, the deal includes the development studio and all intellectual property rights, which means Gothic, Risen, and new franchise ELEX will now fall under the THQ umbrella. 

THQ is also keen for Piranha to develop a brand new franchise based on its propriety game engine, and claims the purchase will also help grow its "strong footprint" in Germany. 

The deal won't come as a surprise to those who've been paying attention to THQ's recent movements. 

The Swedish publisher recently raised $225 million to finance the acquisition of more franchises and game studios, and before that purchased a raft of notable devs including Goat Simulator creator Coffee Stain Studios, Kingdom Come: Deliverance developer Warhorse, and Wreckfest maker Bugbear Entertainment.

With regards to Piranha Bytes, the company has a long history of working together with THQ Nordic and subsidiary Koch Media, with the pair having published the German studio's last five major releases.

Although the acquisition will see Piranha brought into the THQ fold under the newly formed entity Piranha Bytes GmbH, the studio and its dev team will remain an independent beast. 

As in the past, Piranha will focus on the development of unique RPG experiences, and will have full creative freedom over its projects.

THQ will continue to act as Piranha's publisher, and will be responsible for distribution, marketing, and additional support. Piranha chief exec Michael Ruve and head of games Bjorn Pankratz will also retain their roles.



Related Jobs

Deep Silver Volition
Deep Silver Volition — Champaign, Illinois, United States
[06.17.19]

Technical Artist - Cinematics
Insomniac Games
Insomniac Games — Burbank, California, United States
[06.17.19]

Open-World Designer
Sweetvine Systems
Sweetvine Systems — Santa Clara, California, United States
[06.17.19]

Art Manager
Insomniac Games
Insomniac Games — Burbank, California, United States
[06.17.19]

Lead Character TD









Loading Comments

loader image