Categories: News

Ubisoft rumored as THQ bid front-runner

Rumors are circulating that Ubisoft is offering a bid to buy THQ's assets. As reported by MCV, Ubisoft is "one of the front-runners" in the bidding to acquire THQ's assets which include the company's brands and development studios.

On Wednesday, THQ officially filed for Chapter 11 bankruptcy, securing an investor — private equity firm Clearlake Capital Group — who is also interested in purchasing THQ's assets. In doing so, Clearlake is providing the money THQ needs to keep working on the products throughout the bankruptcy process.

It's important to realize, however, that other companies (ie. Ubisoft) could swoop in an outbid Clearlake. Although MCV's sources believe Ubisoft is after a "bargain buy, and is prepared to hold-out until THQ is forced to sell off specific assets."

If the rumors turn out to be true, and Ubisoft does manage to successfully win the bid, it means the French firm would add to its already impressive lineup of titles with brands like Saints Row, Company of Heroes, Darksiders, Homefront, Red Faction, and the WWE games license. It'd be quite the acquisition for a publisher who already owns successful brands like the Just Dance, Far Cry, and Assassin's Creed franchises.

Acquiring THQ's assets could turn Ubisoft into a powerhouse publisher. It sounds right in line with CEO Yves Guillemot's goal of turning Ubisoft into the market's number one publisher.

Keep in mind, this is only a rumor, but would you like to see Ubisoft bid on THQ's assets?

Matt Liebl

Share
Published by
Matt Liebl
Tags: THQ

Recent Posts

Review: Hitman 3 is the peak of the trilogy

To kick off 2021, we have a glorious return to one of the best franchises…

4 years ago

Hogwarts Legacy has been delayed to 2022

Last summer, we got our first official look at Hogwarts Legacy. The RPG set in…

4 years ago

EA to continue making Star Wars games after deal expires

Today, it was revealed that Ubisoft would be helming a brand-new Star Wars game. The…

4 years ago

PS5 Exclusive Returnal talks combat, Glorious Sci-Fi frenzy ensues

Housemarque shared lots of new details about their upcoming PS5 game Returnal. Today, we learn…

4 years ago

Lucasfilm Games confirms Open-World Star Wars handled by Ubisoft

Huge news concerning the future of Star Wars games just broke out. Newly revived Lucasfilm…

4 years ago

GTA 5 actors recreate iconic scene in real life

GTA 5 is probably the biggest game of all-time. It has sold over 135 million…

4 years ago