THQ Nordic just acquired Koch Media. There are no plans to restructure following the acquisition, which suggests that layoffs are unlikely. Volition and Dambuster studios (now owned by THQ Nordic) are currently working on unannounced games.
THQ Nordic, the studio responsible for putting Darksiders games near your eyeballs, has just acquired Koch Media. The exchange cost THQ Nordic €121 million. The latter is the father-company of Deep Silver, the publisher of Saints Row, Metro, Dead Island, and Homefront: The Revolution among others. By acquiring Koch Media, THQ Nordic has gained the rights to all these games, and more.
No plans to restructure following the acquisition, nor any "cost saving measures" are on the horizon, a notion which suggests that layoffs are unlikely.
Koch Media itself ran Deep Silver (Dead Island and Metro publisher), Volition (Saints Row developer) and Dambuster Studios (Homefront: The Revolution developer), all of which will now come under the THQ Nordic umbrella. In one sweep, THQ Nordic brought the likes of Saints Row and Metro back home as they originated from the old THQ that closed its doors in early 2013.
Volition and Dambuster studios (now owned by THQ Nordic) are currently working on unannounced games. Koch and all their subsidiaries will "continue to operate as independent entities", but THQ Nordic "sees potential for revenue synergies and margin improvements, e.g. from partnerships from both groups’ IPs, assets, and development capacity"
"THQ Nordic will closely monitor and delegate resources to support Koch Media’s Games business in order to ensure quality and a healthy return on investment on its large in-house development projects." says the document detailing the buyout.
"Following less successful launches in recent years with substantial write-offs in the business area (primarily Agents of Mayhem and Homefront), Koch Media has made significant organisational changes in its management, internal steering and control, technology, as well as its selection process for development of IPs." This basically means that someone got fired and that they'll think twice the next time someone suggests making another Agents of Mayhem game.