THQ Chief Executive: we don’t need to buy studios to grow

A lot of talk has been going around regarding the currently pending Activision–Vivendi deal and EA’s US$ 2 billion offer for Take-Two Interactive. While it may seem that mergers and acquisitions are the current trend, THQ‘s Chief Executive Brian Farrell feels that it isn’t a necessity for company growth. To find out more, head on over to the full article.

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