THQ Nordic - Acquires Experiment 101

@Gamasutra THQ Nordic has acquired Experiment 101 who are currently working on Biomutant.

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The deal includes the development studio and all intellectual property rights to Biomutant, a post-apocalyptic action RPG scheduled to release on Xbox One, PS4, and PC in 2018. 

THQ Nordic was already working with Experiment 101 as Biomutant's publisher, but the company said it couldn't ignore the "significant potential" shown by both the game and its development team.

"After the strong reception Biomutant received at its announcement at Gamescom 2017, we are excited to have been able to acquire Experiment 101 and Biomutant," explained THQ Nordic CEO, Lars Wingefors. 

"Our aim is to build Biomutant into one of our major franchises. The recruitment of Stefan Ljungqvist and his talented team brings important new power to THQ Nordic.

"In addition to continue leading the Biomutant franchise, Stefan will advise on our strategy, future acquisitions and further game development projects."