RSS Feeds NGN on Facebook NGN on Twitter NGN on YouTube
Sunday July 6, 2025
Header logo

THQ Nordic purchases Milestone S.r.l.

Racing game developer now under the THQ brand

Posted on

THQ Nordic AB's indirectly wholly owned subsidiary Koch Media has today entered into an agreement to acquire Milestone s.r.l. for a upfront purchase price equivalent to 44.9M EUR on a cash and debt free basis.

The upfront purchase price has today been paid through a cash payment to the seller and 1,267,323 B shares, corresponding to a value of 26.5M EUR, have been issued, subscribed for and allotted to the seller.

Milestone s.r.l. will be consolidated into THQ Nordic’s financial statements as of today.

Milestone is an Italian video game developer with headquarters in Milan. Founded in 1994 by Antonio Farina as Graffiti, the studio was soon renamed Milestone in 1996. Best known for their Superbike, MotoGP, MXGP and FIA WRC series, they are a leading developer of entertainment software in Italy.

THQ Nordic Milestone

Comments
Screens







Online
There are currently 0 members and 95 guests on the website right now.
Who's On?
Activity in the past 10 minutes:
  • 95 guests
Best News this Month
Sony Confirms PlayStation 6 Development with Focus on Loc...
Get the latest on Sony's PS6 plans, targeting a 2028 launch with a focus on local gameplay, fewer live-service games, and continued PS4/PS5 support.

Posted 17 days ago
Fortnite Chapter 6 Season 3: Super Battle Pass Full Break...
Get all the Fortnite Chapter 6 Season 3: Super Battle Pass details--skins, rewards, locations, Hero Ranks, Superman, Robin, and new gameplay features.
24 days ago
John Marston's Actor Rob Wiethoff Teases Red Dead Redempt...
Rob Wiethoff hints at major Red Dead Redemption news coming before Friday--learn what he said and why fans believe a next-gen RDR2 update could be coming.
16 days ago
New Xbox Game Pass in May and Early June 2025: New Additi...
Get all the new Xbox Game Pass updates for May 2025--new games like DOOM, STALKER 2, Metaphor, TMNT, June additions, cloud titles, and departing games.
27 days ago
Grand Theft Auto VI Release Date Set for May 2026 as Xbox...
Find out why GTA 6 is now on the Xbox Store with a 300MB file, what the 2026 Grand Theft Auto VI release confirms, and what's still unknown in the PC version.
4 days ago
Latest Comments
Sony Confirms PlayStation 6 Development with Focus...
Jun 21, 2025 by Michael Gariti
I DO, however, see how this could backfire…much like it...
Sony Confirms PlayStation 6 Development with Focus...
Jun 19, 2025 by Michael Gariti
With all the current games being online only, or at least...
Resident Evil 9 Was Originally a Co-Op Game Set on...
May 30, 2025 by Angel Cartagena
They should've kept it coop alot of people would've...
Grow a Garden Reaches 5 Million Players, Becomes...
May 24, 2025 by RAGH
it turned 9m before the cosmetics came. grow a garden is...
Grow a Garden Reaches 5 Million Players, Becomes...
May 24, 2025 by Bob
IIt's 5.5m right now broke another
New Game Network NGN Facebook NGN Twitter NGN Youtube NGN RSS