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Report: Ubisoft in discussions to acquire THQ assets, will 'hold out for bargain'
Posted: 21.12.2012 13:06 by Simon Priest Comments: 6
According to sources close to the THQ bankruptcy, rival publisher Ubisoft is circling overhead ready to have its fill of THQ assets now primed for acquisition. All its studios are now owned by an investment group.

However Ubisoft aren't going to swoop down yet as apparently they're awaiting the price to drop. This could see Ubisoft acquiring IPs such as Saints Row, Darksiders, Company of Heroes and more.

They could gain all five of THQ's development studios, and add licensing deals for WWE and some Warhammer universes to their portfolio.

THQ, now owned by Clearlake Capital Group, has already said that this bankruptcy filing won't be ending any projects currently in the works, or lead to any studios closing or shedding staff. Keeping the doors open and lights on are part of making the assets more attractive to would-be suitors like Ubisoft.

"...nose-tappers say that Ubisoft is after a bargain buy, and is prepared to hold-out until THQ is forced to sell off specific assets, as happened to now-defunct Midway when it went into bankruptcy four years ago," reports MCV.

Ubisoft is in a strong position to take on the assets and adding more established brands would make their next console cycle launch ever more potent. What is Ubisoft willing to see slip away in their bid to hold out for a 'bargain buy'?
Source: MCV
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Comments

By nocutius (SI Elite) on Dec 21, 2012
nocutius
Nooooo, not on the carpet! Bad Ubi, BAD Ubi!
By SirRoderick (SI Elite) on Dec 21, 2012
SirRoderick
NOOOOOOOOOOOOOOOO! FOr FUCK'S sake don't let that happen D:

SHIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIT!

...
By raw_wog33 (SI Member) on Dec 22, 2012
raw_wog33
:(
Ubisoft is finally making a move.
By danfreeman (SI Elite) on Dec 22, 2012
danfreeman
Oh God no,not ubicrap,only EA is worse then them and just barely,someone please buy the assets,i asure you they have great IP`s.
By raw_wog33 (SI Member) on Dec 22, 2012
raw_wog33
@danfreeman
lol Ubicrap !!!
By wolfsrain (SI Member) on Dec 22, 2012
wolfsrain
Let me see who can buy THQ: EA, Activision, Ubisoft and Take2 Interactive. And those are the only big players left. Steam doesn't seem interested in making games, Microsoft it's not big on change and they have their own IP to promote aggressively. So, yeah! Looks bad....