Ubisoft May Be Buying Some THQ Licenses

Yves Guillemot CEO of Ubisoft has admitted that the company is looking into buying some of THQ’s assets. Ubisoft said that they’re “always interested in good brands”, but didn’t say anything further on the matter.

THQ has been struggling lately, there last earnings call, in which they announced that all of their games were being pushed back to 2013, destroyed them on the stock market. Going from 3.02$ a share to 1.19$. THQ was founded in 1989 and is probably best known for their work on the WWE series as well as Red Faction.

News Source (Joystiq)

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