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THQ Acquires Big Huge GamesTaking a look at the business world today, THQ has officially announced plans to acquire Maryland-based game developer Big Huge Games. The two companies have been working together since May 2007 on an unrevealed RPG for the PC and next-gen consoles. The deal is expected to close shortly, subject to certain conditions. Financial terms were not disclosed. Here's a little snippet from the press release:
"The acquisition of Big Huge Games is a big win for THQ as we continue to expand both our internal development capabilities and our portfolio of owned intellectual properties," said Jack Sorensen, executive vice president of worldwide studios, THQ. "The talent at Big Huge Games has an outstanding history of developing top-selling quality games and we look forward to their creation of many exciting new owned franchises for THQ." "We are extremely excited to become a part of THQ," said Tim Train, president and COO of Big Huge Games. "We believe their passion for games, developer support, and understanding of the creative process is without parallel in the industry. THQ provides an ideal environment to help us develop new, innovative games for both core gamers and mass market." Should be a good move. Big Huge Games has some quality talent in their ranks. Can't wait to see the new RPG! :)
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