Publisher THQ Nordic has acquired German developer HandyGames for an undisclosed fee.
The Giebelstadt-based company has worked on titles such as Townsmen and Clouds & Sheep. It has also released on a variety of platforms, including mobile, PC, console, virtual reality and Nintendo Switch.
THQ Nordic has bought all of its IPs, while the management team, staff and office will all remain in place, it said.
Following the deal HandyGames will act as an international publisher for small to mid-sized projects and developers.
"The right framework"
“Both our companies have a very similar DNA when it comes to business conduct, corporate culture and other aspects, such as valuing our independence, whilst at the same time operating in a bigger, corporate network,” said HandyGames co-CEOs Markus Kassulke and Christopher Kassulke (pictured, main).
“In becoming part of the THQ Nordic group, not only did we find a team that is passionate about publishing great content, but also has the right framework for us for the following years to come.”
THQ Nordic MD Klemens Kreuzer added: “It is a true win-win situation for all parties involved, as HandyGames perfectly complements the setup of the rest of our group as the new ‘go to’-publisher for small- and midsized developers and projects and will benefit from our network and infrastructure in return.
“In joining forces with HandyGames, THQ Nordic is tapping into the VR Games segment, and gains access to one of Europe’s most powerful mobile games distribution network.
“So we raise our glass and welcome HandyGames to the THQ Nordic crew.”