THQ Nordic acquires Bugbear Entertainment
THQ Nordic AB is today announcing that it has acquired 90% of the shares in Bugbear Entertainment Ltd. ("Bugbear") with an option to acquire the remaining 10% in the future. Bugbear, a Helsinki-based independent studio with 18 team members developing racing games, is currently working on the critically acclaimed Wreckfest. The acquisition includes the development studio and all intellectual property rights.THQ Nordic values Bugbear as an experienced and world leading creator of niched racing games built on their proprietary game engine enabled with vehicle destruction physics tools.