Update: The courts have approved all the sales of THQ's assets. Deep Silver was able to pick up Volition and the Saints Row franchise, plus the Metro line for $28.8 million combined; Sega obtained Relic Games for $26.6 million; Crytek was able to snag Homefront for the low price of $500,000; Take-Two secured Evolve for $10.9 million; and Ubisoft purchased THQ Montreal and South Park: The Stick of Truth for a combined total of $5.8 million.
Original Story: It’s official: THQ is no more. After the courts denied Clearklake Captial Group the all-encompassing purchase of THQ and its assets earlier this month, an auction was carried out yesterday, January 22. The results of the auction are officially in, signaling the definitive end of THQ.
Publisher Deep Silver (Dead Island) has picked up developer Volition and the Saints Row franchise, as well as the Metro brand. Ubisoft has purchased THQ Montreal, which carries with it Obsidian’s South Park: The Stick of Truth. Crytek (Crysis) has bought the Homefront brand. Relic Games (Warhammer 40K, Company of Heroes) has been bought by Sega. And Take-Two Interactive, the parent company of 2K Games and Rockstar, has picked up Evolve, which is a secret game being developed by Turtle Rock Studios.
Developer Vigil Games, the makers of Darksiders, was not purchased. Vigil will remain with THQ as it enters Chapter 11 bankruptcy. All companies under the THQ umbrella that were not purchased are closed, effective immediately.
Our sympathies and well wishes go out to all those affected by the Chapter 11 bankruptcy and the subsequent auction. This is sour news, indeed.