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It’s Official: THQ Montreal Is Now Part Of Ubisoft

ubisoft canada [1]Ubisoft [1] has officially announced what most of us knew yesterday – that the corporation has acquised THQ Montreal as well as the publishing rights for the upcoming South Park: The Stick of Truth video game, being developed externally by Obsidian. In addition to the team at THQ Montreal, Ubisoft also acquired a new, yet-to-be announced IP in development at the studio.  THQ Montreal will join Ubisoft’s development teams, already the second-largest in-house development staff in the world with 26 studios in 19 countries and more than 6,250 people dedicated to video game production.

“This deal adds experienced developers to our internal creative teams at a key moment in the cycle of the video game industry,” said Yannis Mallat, president of Ubisoft Montreal.

South Park: The Stick of Truth is being developed by Obsidian Entertainment, the studio behind Fallout: New Vegas, and is scheduled for release in calendar 2013.

According to the statement just released by Ubisoft, this acquisition has no material impact on Ubisoft’s current fiscal year (2012/13). The company did not state how this acquisition will effect the THQ Montreal staff – several of whom were originally from Ubisoft’s Quebec studios.