THQ Acquires Genetic Anomalies in Stock Deal

THQ Inc., Calabasas, said it has acquired Genetic Anomalies, a privately held Internet entertainment studio, in an all-stock transaction valued at approximately $8 million. THQ issued 220,000 shares and assumed Genetic Anomalies stock options to acquire approximately 44,000 THQ shares.

THQ Inc. develops, publishes and distributes interactive entertainment software for a variety of platforms, including PC CD-ROM, Sega, Nintendo and Sony.