THQ Assets Sold to Ubisoft, Sega, and Take-Two; Company and Unsold Subsidiaries to Dissolve

After more than twenty years of business, video game publisher THQ is closing its doors.

Today, many of the company’s various studios and assets were auctioned and sold following its bankruptcy filing on December 19. According to a letter sent to employees from the company’s President and CEO, the results of the auction are as follows:

• Sega has purchased Relic Entertainment, the developers of the Company of Heroes and Warhammer 40,000 series.
• Koch Media, the owners of Dead Island publisher Deep Silver, has purchased Saints Row developers Volition, Inc., as well as the Saints Row and Metro license.
• Crytek has purchased the Homefront license after announcing development of Homefront 2 last year.
• Take-Two Interactive has purchased Evolve, an upcoming title from Left 4 Dead developers Turtle Rock Studios.
• Ubisoft has purchased THQ’s Montreal studio and the licensing rights to South Park: The Stick of Truth, an upcoming game from Obsidian Entertainment, the developers behind Fallout: New Vegas and Neverwinter Nights 2.

All other assets remain with the company, while subsidiaries not included in the auction, such as Darksiders developers Vigil Games, have been dissolved, with their employees laid off. Assets left unsold include the Darksiders and Homeworld licenses.

Today is a sad day for the gaming industry as a high-profile game publisher shuts down. All of us here at 4P would like to thank everyone at THQ for their dedication to creating fun gaming experiences, and we wish them all the best of luck in finding and adjusting to new homes.

Sources: Kotaku