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THQ’s assets have officially been sold off, meaning the company is done. Here’s the breakdown from Kotaku:
- Relic - purchased by Sega for $26 million
- Volition - purchased by Koch Media for $22.3 million
- Evolve (IP) - purchased by Take-Two for $11 million
- Metro (IP) - purchased by Koch Media for $5.8 million
- South Park (IP) - purchased by Ubisoft for $3.2 million
- THQ Montreal - purchased by Ubisoft for $2.5 million
- Homefront (IP) - purchased by Crytek for $500,000
- WWE license - purchased by Take-Two (price unavailable)
Notice anything missing? Vigil, the studio who makes Darksiders, went unpurchased. Platinum Games has expressed interest in the IP, but apparently the studio’s employees will not be a part of any deal.
FINALLY, THE ROCK HAS COME BACK TO — er, we mean, FINALLY, Skyrim DLC is coming to the PlayStation 3.
THQ, the company behind the Saints Row, Darksiders, and WWE video game franchises, is broke. The company announced today they’re filing for Chapter 11 bankruptcy and “entered into an Asset Purchase Agreement with affiliates of Clearlake Capital Group, L.P., to acquire substantially all of the assets of THQ’s operating business, including THQ’s four owned studios and games in development.”
In layman’s terms, Clearlake is taking over, and THQ will be delisted from the Nasdaq exchange within nine business days. It doesn’t mean the company’s going away, however; they don’t plan any layoffs or changes in employee pay structure, and all planned releases are still expected to happen.
It’s part of a saga that’s been going on for some time for THQ, who announced in November they were going to have to take drastic measures to save the company.
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