THQ has closed it’s door permanently yesterday, after a quick 22 hours bankruptcy auction where the publisher sold most of it’s assets. Among the companies that participated in the auction were Take-Two Interactive, Sega, Ubisoft, Crytek and Koch Media. Here is what each company bought:
- Sega has acquired Relic Entertainment for $26.6 million, and with it Company of Heroes and the unannounced “Atlas”.
- Ubisoft has agreed to purchase THQ Montreal, which is working on two new IPs: “1666” and “Underdog” for $2.5 million. The French publisher has also bought the right for South Park: The Stick of Destiny for $3 million.
- Take-Two Interactive shelled out $10.9 million for mystery IP “Evolve”, currently developed by Turtle Rock Studios.
- Koch Media, A European publisher and distributor, has bought both Volition (and the Saint’s Row franchise) and Metro for $28 million.
- Crytek has payed $500K for the rights over the Homefront series. Crytek is currently developing Homefront 2, so it makes sense the company would like to own the franchise itself.
Observant readers would notice there isn’t any mention of Darksiders developer Vigil. That’s because no buyer was found for the studio and it, alongside any other properties that weren’t mentioned, will remain a part of THQ’s Chapter 11 case; unless an appropriate buyer could be found.
So what do you think about the new owners of your favorite THQ franchise? Are you sad about Vigil’s fate? Any thought about the whole THQ going out of business thing? Leave them in the comment below.
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