THQ is Officially No More

It’s always sad when a mega publisher has to say good-bye, but that’s exactly what happened today as the company officially declared bankruptcy and sold its most popular assets. I’ve compiled a list of which organizations bought what assets, and for how much below.

SEGA has purchased Relic for $26.6 million, developer of Company of Heroes 2. They also bought Warhammer 40,000: Dawn of War.

Koch Media (parent company of Deep Silver, the publisher of Dead Island) has agreed to purchase Saints Row developer Volition, and the series publishing rights for $22.3 million and $5.8 million for the publishing rights to the Metro franchise. Koch Media said fans can expect new announcements for both of these series to be made in the very near future.

Crytek purchased the rights to the Homefront franchise for $500,000.

Take-Two purchased Turtle Rock Studios’ project codenamed Evolve for $10.8 million. We expect more information on this title at E3 this year.

Ubisoft purchased the rights to publish South Park: The Stick of Truth for $3.2 million as well as the THQ Montreal studio for $2.5 million.

Sadly no one purchased Darksiders studio Vigil.

Many THQ employees have taken to social networks to reveal they’ve lost their jobs as a result of today’s news. We’ll update the story if we hear anything else, particularity what is going to happen with Vigil, as well as the WWE license. To all those that lost their jobs today, our heart’s go out to you.

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