It’s official, THQ is getting sold off

Written by Russell Co. Posted in Gaming, News

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Published on January 24, 2013 with No Comments


A few weeks ago THQ had filed for bankruptcy, now its assets have been sold to the highest bidders. Most of its studios have been picked up by various gaming companies such as Sega and Ubisoft. The assets that have been sold are Relic Entertainment, THQ Montreal, Evolve, Volition, Inc., Homefront, Metro series, and South Park license. Vigil Games, the studio behind the Darksiders series has yet to be bid on.

Relic Entertainment was the studio behind the Company of Heroes and Warhammer games, that’s currently working on Company of Heroes 2. THQ Montreal is the studio behind 1666 and Underdog. Evolve is an upcoming game under development at Turtle Rock Studios. Volition, Inc., is the studio behind the Saints Row series. Homefront was a first-person shooter released back in 2011 and is due for a sequel soon. Metro is a series of survival horror and first-person shooters released back in 2010 with a sequel, Metro: Last Light, in the pipeline. The South Park license was for the upcoming role-playing game South Park: The Stick of Truth, set to be released on March 5.

The assets divided are as follows, pending final court approval: Relic has been sold to Sega for $26.6 million, Ubisoft is purchasing THQ Montreal for $2.5 million and the South Park license for $3.2 million, Koch Media has agreed to purchase Volition for $22.3 million and the Metro series for $5.8 million, Crytek have bought Homefront for $544,218, Take-Two will be purchasing the under-development game Evolve for $10.894 million.



Source: Kotaku