THQ Chief Executive: we don't need to buy studios to grow |
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Those keeping up with the current video game industry, will probably notice that the current trend is for larger companies to acquire smaller ones to help stimulate the company's growth. However, not all video game companies feel the same way.In an interview with Reuters, THQ's Chief Executive Brian Farrell made it clear that "M&A [mergers and aquisitions] is not a required or necessary thing in order to grow."
He also pointed out that the recent buy-outs and mergers such as the currently pending Activision-Vivendi deal and EA's US$ 2 billion offer for Take-Two Interactive opens up a number of options for THQ:
It's going to create some opportunities because we are actively looking at every developer, every license out there and with our size now we can be more aggressive than larger, slower firms
Interestingly enough, Farrell chose not to talk about any financial forecasts (which may have lead to his conclusions), instead saying that an updated outlook will be released alongside the THQ's fiscal fourth quarter report (ending in March) comes out. Perhaps we'll also be hearing more regarding the company's future plans then.
Via Reuters
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Comments [refresh]
It's true since Ubisoft, without buying other studios, is now one of the biggest studio in the world (espacially big in north america and europe).
Still, EA is making MUCH more money, by buying all the other studios. So I'd say that the best is to make great games, then, with the money, buy tons of studios, lol. The better of the two worlds.
Anyway, who knows? It's not like we can make a true experiment, with 2 identical studios, making one buy other company while the other is growing.