The acquisition, which THQ hopes to complete soon, will cement Big Huge Games as a wholly-owned subsidiary of the company. The studio will remain at its present Timonium, Maryland location, and will also retain its management and employees.

Big Huge was already working closely with THQ for its upcoming RPG, which is being designed by The Elder Scrolls series veteran Ken Rolston and will arrive on PlayStation 3, Xbox 360, and PC in 2009. It is also known to be working on a "quirky" Wii title.

"THQ provides an ideal environment to help us develop new, innovative games for both core gamers and mass market," said Big Huge president Tim Train. "We believe their passion for games, developer support, and understanding of the creative process is without parallel in the industry."