trending / - - - - - - - - -

trending / playstation 4 - ni no kuni - halo - wii u - bungie interview - ces top picks - radeon hd 7850 - woods pga tour

THQ Sells Off Properties in Final Auction

/ Apr 22nd, 2013 No Comments

THQ
THQ

THQ

THQ auctioned off the bankrupt company’s remaining properties, generating more than $6 million with bids ending April 15.

The second auction included properties left unsold after the original THQ bankruptcy auction in January. Properties sold in the most recent auction include Darksiders and Red Faction.

Details on the winning bids have not been revealed. Court documents show 17 bids were generated from the auction and it brought in between $6 and $7 million.

The winning bids are expected to be submitted to the court in May with sales closing later that month.

Remaining THQ properties were divided into six IP for the auction. The IP up for auction was the Darksiders franchise, the Red Faction series, the Homeworld franchise, the MX franchise, Other Owned Software including Big Beach Sports, Destroy All Humans! and Summoner, and Other Licensed Software including Marvel Super Heroes, Supreme Commander and Worms.

While winning bids were not announced, teamPixel stated the company was outbid in an attempt to purchase the rights to the Homeworld series. teamPixel was trying to raise funds for their bid through crowd-funding but the company fell short to an unannounced bidder.

Crytek, developer of the Crysis franchise, has previously shown in an interest in Darksiders, a franchise fans are hoping finds a new home. The developer purchased Homefront in the first auction.

The previous THQ auction generated a total of $72 million by selling off properties such as Saints Row to Koch Media and Company of Heroes to Sega.

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

tags: , , , ,

Related Posts

Shadows of Mordor

Shadow of Mordor Season Pass Info Released

Aug 21st, 2014No Comments

Call of Duty: Advanced Warfare Multiplayer

Call of Duty: Advanced Warfare Isn’t Coming to Wii U

Aug 21st, 2014No Comments

The Witcher 3

Watch 35 Minutes of Gameplay from The Witcher 3

Aug 20th, 2014No Comments

Freedom Wars

Freedom Wars Coming to Vita in October

Aug 20th, 2014No Comments

Top Articles

WildStar (PC) Review Aug 21st, 2014 at 10:00

The Last of Us Remastered (PS4) Review Aug 19th, 2014 at 9:00

Sniper Elite 3 (Xbox One) Review Aug 18th, 2014 at 9:00

Unrest (PC) Review Aug 14th, 2014 at 10:00

Logitech G402 Hyperion Fury Ultra-Fast FPS Gaming Mouse Review Aug 13th, 2014 at 11:00

Crimsonland (PS4) Review Aug 11th, 2014 at 10:32

The Walking Dead: Season 2 – Amid the Ruins (PS3) Review Aug 7th, 2014 at 10:00

Rogue Legacy (PS4) Review Aug 4th, 2014 at 10:00

The Walking Dead: Season 2 – In Harm’s Way (PS3) Review Jul 29th, 2014 at 10:00

The Art of Power Tower Review Jul 28th, 2014 at 10:00