THQ falls in strands

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Game publisher THQ will be broken up into several parts. Including Sega and Ubisoft take parts of the ailing game publisher. First wanted to investor Clearlake Capital, the whole over against a small amount, but when they got there, a judge caught up.

The auction of the business of THQ has almost 72 million raised. That is more than the $ 60 million that investment firm Clearlake Capital down and wanted to lay down for the total company. Thus is fulfilled the condition that a U.s. judge earlier this month suggested. That certain that the deal that THQ and Clearlake in december locks should be broken if the auction more would result than the bid from Clearlake. The judge gave in response to a group of creditors of THQ who stated that their interests are better represented would be at an auction.

It is also clear where the various parts of the business going to move. So is Relic Entertainment property of Sega. The studio, which is almost finished with Company of Heroes 2, was for 26.6 million dollars sold. Volition Inc, the creators of the Saints Row series, go for 22.3 million dollars to the German Koch Media. Koch buys for 5.9 million dollars, the rights to the Metro series and will be so Metro: Last Light on the market, made by 4A Games. The studio was not owned by THQ and was not auctioned.

Publisher Take-Two Interactive laid almost 11 million dollars for the rights to Evolve, a title that is in development for the self-employed Turtle Rock Studios. Ubisoft pays 3.2 million for the license to South Park: The Stick of Truth. The French publisher pays in addition to $ 2.5 million for the studio from THQ in the Canadian Montreal. There was worked on the games as 1666 and Underdog. Or the rights to the games move to Ubisoft, is not clear. The German Crytek put a half a million dollars for the rights to Homefront.

It was during the auction not to bid at developer Vigil Games, the studio behind the Darksiders games. That is to say that the studio and the rights to the series in the hands of THQ. For the staff of the studio is that’s bad news, because THQ have them immediately dismiss. The publisher remains in a strong lean form. At the headquarters remains a small team to be active, who will try the rest of the company still to sell before the deferral expires. The direction of the company, stated in a letter to the staff that they hope to soon be more clarity to be able to provide.