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Ubisoft acquires THQ Montreal
(Canada Newswire Via Acquire Media NewsEdge) Company Also Acquires Rights To South Park: The Stick Of Truth
MONTREAL, Jan. 23, 2013 /CNW Telbec/ - Today, Ubisoft announced the
acquisition of THQ Montreal as well as the publishing rights for the
upcoming South Park: The Stick of Truth video game, being developed
externally by Obsidian.
"This deal adds experienced developers to our internal creative teams at
a key moment in the cycle of the video game industry," said Yannis
Mallat, president of Ubisoft Montreal.
THQ Montreal
In addition to the team at THQ Montreal, Ubisoft also acquired a new,
yet-to-be announced IP in development at the studio. THQ Montreal will
join Ubisoft's development teams, already the second-largest in-house
development staff in the world with 26 studios in 19 countries and more
than 6,250 people dedicated to video game production.
South Park: The Stick of Truth
South Park: The Stick of Truth is being developed by Obsidian
Entertainment, the studio behind Fallout: New Vegas, and is scheduled
for release in calendar 2013.
This acquisition has no material impact on Ubisoft's current fiscal year
(2012/13).
Disclaimer
This statement may contain estimated financial data, information on
future projects and transactions and future business
results/performance. Such forward-looking data are provided for
estimation purposes only. They are subject to market risks and
uncertainties and may vary significantly compared with the actual
results that will be published. The estimated financial data have been
presented to the Board of Directors and have not been audited by the
Statutory Auditors. (Additional information is specified in the most
recent Ubisoft Registration Document filed on July 02, 2012 with the
French Financial Markets Authority (l'Autorité des Marchés Financiers)).
About Ubisoft
Ubisoft is a leading producer, publisher and distributor of interactive
entertainment products worldwide and has grown considerably through a
strong and diversified line-up of products and partnerships. Ubisoft
has offices in 26 countries and has sales in more than 55 countries
around the globe. It is committed to delivering high-quality,
cutting-edge video game titles to consumers. For the 2011-12 fiscal
year Ubisoft generated sales of €1.061 billion. To learn more, please
visit www.ubisoftgroup.com.
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