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UBISOFT ACQUIRES THQ MONTREAL

Company Also Acquires Rights To South Park: The Stick Of Truth 

Sydney, AustraliaJanuary 24, 2013 –  Ubisoft has 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).