THQ Nordic acquires Gothic and Risen developer Piranha Bytes

THQ Nordic has purchased another studio: Gothic and Risen-developer Piranha Bytes.

THQ Nordic announced alongside its latest financial report it has purchased Piranha Bytes, the studio responsible for the Gothic, Risen, and ELEX franchises.

The company had a longstanding relationship with the studio as publisher, and according to the announcement, estimated royalty payments to Piranha for upcoming titles equals the purchase price. A figure was not disclosed.

This acquisition includes the development studio and all IP rights. All 31 employees at Essen-based studio will remain with the company.

The studio will remain an independent game development studio under the newly formed entity Piranha Bytes GmbH and maintain “full creative freedom.”

The post THQ Nordic acquires Gothic and Risen developer Piranha Bytes appeared first on VG247.



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