Friday, January 25, 2013

THQ Closes, Sells Off Assets

Video game company THQ is officially shut down; its studios and game properties were sold at auction three days ago. THQ was founded in 1989. It reached its high water mark in profits in 2007, but was forced to downsize two years later due to  huge drop in sales. THQ filed for bankruptcy in December 2012.

Here is a breakdown of the auctioned properties:

Homefront: $500,000 (Crytek)
Metro: $5.8 million (Koch Media)
South Park: $3.2 million (Ubisoft)
Relic: $26.6 million (Sega)
THQ Montreal: $2.5 million (Ubisoft)
Evolve: $11 million (Take Two)
Volition: $22.3 million (Koch Media)

Vigil Games, a former subsidiary of THQ, is still looking for a buyer. Vigil is best known for the game Darksiders. Platinum Games has expressed interest in the Darksiders property and Vigil employees.


Here are some of the big games THQ published over the past few years:

Darksiders
de Blob
Homefront
Warhammer: Dawn of War
Saint's Row
Metro 2033
Red Faction: Guerrilla
Company of Heroes

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