THQ seeks to buy some developers
Apr 4th, 2008 by admin
Submitted by Gaming Briefs and Nostalgia Bits
Here’s an article on a developer’s quest to buy other ones:
SAN FRANCISCO (Reuters) - THQ Inc is looking at buying other video game developers, but the publisher of games like “Cars” and “Saints Row” can grow without making acquisitions, Chief Executive Brian Farrell said on Thursday.
“We are seeing some opportunities in the marketplace given the two transactions going on,” Farrell told Reuters, referring to the pending merger between Activision Inc and the games unit of Vivendi, and Electronic Arts Inc’s $2 billion offer for Take-Two Interactive Software Inc.
“It’s going to create some opportunities because we are actively looking at every developer, every license out there and with our size now we can be more aggressive than larger, slower firms,” Farrell said.
Asked if THQ was looking at smaller development studios or publicly listed firms, Farrell said: “M&A is not a required or necessary thing in order to grow.”
No, I guess maybe it ain’t.
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