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| [Jan 23, 2013, 5:12 pm ET] - Share - Viewing Comments |
Kotaku has what they say is the letter sent to all the (now former) staff of THQ by CEO Brian Farrell and president Jason Rubin. This outlines how some of the company's assets have been divided, noting that some properties remain unsold, including their publishing operation, Vigil, and some other IPs. Here are the details provided in the letter, which remain unconfirmed at the moment:
- Yesterday morning, we received a competing bid for the operating business, along with Clearlake's offer, and numerous offers for separate assets.
- During an auction process that lasted over 22 hours, the final conclusion was that the separate-asset bids would net more than a single buyer for the majority of the company.
- Shortly, we will, present the results to the U.S. Bankruptcy Court, which must concur with our assessment.
- The proposed sales of multiple assets is as follows :
- Sega agreed to purchase Relic
- Koch Media agreed to purchase Volition and Metro
- Crytek agreed to purchase Homefront
- Take 2 agreed purchase Evolve and
- Ubisoft agreed to purchase Montreal and South Park
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| 41. |
Re: THQ Sale Results? |
Jan 23, 2013, 19:47 |
PropheT |
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Panickd wrote on Jan 23, 2013, 19:11:
ViRGE wrote on Jan 23, 2013, 18:28:
I can't believe Sega paid 26mil for Relic. That strikes me as obscene.
Really? 26 million is barely enough to fund a single AAA game these days and they got an entire development studio with some proven IP behind them. And it even comes with a game shipping soon in Company of Heroes 2. Sounds to me like they got a crazy good deal.
It comes with the Warhammer 40k license Relic has, and Sega already has the Warhammer Fantasy license. I'm guessing that's what they were looking for in the purchase, anyway.
/edit: AdamK47 wrote on Jan 23, 2013, 18:04:
I just read on Relicnews.com that Sega only bought the CoH IP. Hope that isn't true. That would mean no more Homeworld, ever.
This is wrong. He posts the bankruptcy filing as being the reasoning behind that, but that only shows CoH because that's what Relic owns; they don't own the 40k license so it's not listed, just the rights to make games under it. That's why everywhere else is listing it as part of the deal.
This comment was edited on Jan 23, 2013, 19:52. |
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