Publisher THQ Nordic acquires Gothic and Risen studio Piranha Bytes

After a quiet few months, it looks like THQ Nordic is back on the acquisition train. Today, the publisher announced that it purchased German developer Piranha Bytes, which is best known for its Gothic and Risen series of role-playing games.

The terms of the deal weren’t disclosed. In a press release, THQ Nordic said that the cost is the same as “three years of what management’s estimated royalty payments to Piranha for upcoming titles would have been, if the acquisition had not occurred.” The company published Piranha Bytes’s most recent game, sci-fi RPG Elex.