THQ CEO says company can grow without acquisitions

THQ isn't afraid to make acquisitions, but the company's CEO says it can grow without buying other companies. CEO Brian Farrell tells Reuters that there are other opportunities in the market due to the Activision/Vivendi and (proposed) EA/Take-Two mergers. He says THQ is at a point now where it can be more aggressive than "larger, slower firms."

Although Farrell doesn't believe acquisitions are necessary to grow, the publisher did recently buy Elephant Entertainment and Big Huge Games. He also believes that despite the US economy crashing slowing down, it won't affect the industry (a sentiment shared by others). THQ expects to announce a net loss for its last quarter ending in March and refused to discuss its forecast for the upcoming fiscal year. One guarantee is a lot of licensed games from THQ in the upcoming year ... and we mean a lot!