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THQ Auction Winners Announced

/ Apr 23rd, 2013 No Comments

THQ
THQ

THQ

Winning bids for the second THQ bankruptcy auction were announced with Nordic Games acquiring many of the company’s remaining popular properties.

Bids for the second auction were accepted until April 15. The first auction took place in January.

Nordic Games was the big winner in the most recent auction. The developer acquired the rights to franchises including Darksiders, Red Faction and MX vs. ATV. Nordic Games also purchased grouped THQ assets made up of franchises such as Destroy All Humans!, Marvel Super Hero Squad, Stuntman, You Don’t Know Jack and Summoner.

The winning bid from Nordic Games was $4.9 million.

Gearbox Software, developer of the Borderlands and Half-Life games, won the rights to the real-time strategy series Homeworld at a price of $1.35 million.

505 Games, home to upcoming games Payday 2 and Sniper Elite 3, specifically pulled and purchased the rights to Drawn to Life and its sequel, Drawn to Life: The Next Chapter, from a group of several properties. The publisher paid $300,000 for the drawing-based platformer for the Nintendo DS.

THQ made a combined total of more than $6.5 million from the final auction of its intellectual properties.

All acquisitions are not expected to be made final until mid-May. Nordic Games will give full details on all the IPs purchased after the process is complete.

Ryan Bloom

Ryan Bloom

Chief Editor at Gaming Illustrated
Ryan Bloom is a writer and avid gamer from Orange County. He received a B.A. in Communications with a minor in American Studies from California State University, Fullerton in 2010. Follow him on Twitter @BloomsTweets.
Ryan Bloom
Ryan Bloom

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