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 terms of the deal weren't disclosed.
Piranha will remain an independent game development studio under the newly formed entity Piranha Bytes GmbH. As in the past, the team will focus and concentrate on the creation of outstanding and unique RPG gaming experiences, having full creative freedom in doing so, whereas THQ Nordic GmbH will act as Piranha Bytes´ publisher, responsible for the distribution, marketing, and further support. Piranha will continue to be led by CEO Michael Rüve and Head of Games Björn Pankratz. All active owners will remain in their current roles.