Ubisoft ‘interested’ in THQ’s assets

CEO Yves Guillemot says troubled THQ has "good things" that publisher may consider purchasing.

 

Beleaguered publisher THQ has already sold its Ultimate Fighting Championship (UFC) license to Electronic Arts in an effort to raise capital. If the company decides to put any of its other licenses or franchises up for sale, Assassin's Creed publisher Ubisoft could be interested.

"They have good things," Ubisoft CEO Yves Guillemot told GamesIndustry International. "We are always interested in good brands. For sure, it's something we can consider, but I can't tell you more."

Guillemot declined to say which brands he is most interested in. THQ has a number of games in the development pipeline, including Homefront 2, Company of Heroes 2, Saints Row 4, and a mystery game in production with former Assassin's Creed director Patrice Desilets at THQ Montreal.

Guillemot also addressed THQ's current financial situation in broader terms. He said the situation the company is in presently is a result of uncertainty in the market.

"What happened to [THQ] is something that happens regularly when we have transition," Guillemot said. "Some can make it, some decide to go in different direction. It happened with Atari and Midway and also Acclaim last generation. ’ It's something that happens in this industry and that's the way the industry consolidates."

Earlier this month, THQ delayed South Park: The Stick of Truth, Company of Heroes 2, and Metro: Last Light and by doing so, created a need for further capital, To this end, THQ has begun talks with investment banking firm Centerview Partners LLC to "assist the company in evaluating strategic and financing alternatives."

Read and Post Comments | Get the full article at GameSpot


"Ubisoft 'interested' in THQ's assets" was posted by Eddie Makuch on Tue, 13 Nov 2012 12:23:38 -0800
Filed under: Video Games

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