THQ Dissolves Smartphone Games Studio In Finland

THQ's Universomo Finland Mobile Games Studio

THQ (NSDQ: THQI) has confirmed that its mobile game studio in Finland has entered into liquidation, putting an end to a decision made a year ago to make the Universomo office the hub of its smartphone game development.

In January 2009, THQ conducted a significant restructuring that included focusing on building games for smartphone platforms, closing its San Diego, UK and Germany offices, and designating Universomo as the center of its wireless business. However, today, a THQ spokesperson confirmed to ME that the Finland office is in liquidation, and that going forward, it will tap into a global network of external developers to make mobile-game titles.

The news was first reported by Pelaaja, a Finnish games magazine. The spokesperson said they still plan to release 15 mobile games this year despite the closure. “We are very excited about digital gaming and have increased our investment in this area.”

Last month, when THQ released its fourth-quarter earnings, it said it was realigning several of its studios to emphasize its digital operations. It said two of its eight studios will now focus on developing digital titles based on

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