Published on January 23rd, 2013 | by Bags Hooper2
Dust begins to settle from THQ fire sale: To Ubisoft, Sega, 2K Sports, Crytek & Koch go the spoils
After over 20 years, THQ closed down its doors and hosted a piecemeal, asset auction this week – the latter a result of a failed attempt to sell the company as a single business.
Ubisoft acquired THQ Montreal, the company’s development division which opened up in 2010. The dev team will merge into Ubisoft’s existing dev team, a 6,000+ member team working in 26 studios and spanning 19 countries. Ubisoft also picked up South Park: The Stick of Truth for its licensed development team.
Koch Media/Deep Silver came away with the Saints Row franchise, famed for its absurdly lewd and wild gameplay, as well as Metro. Volition, THQ’s Chicago-based development studio, was also acquired.
Crytek, renowned for Far Cry and Crysis, bought the rights to Homefront, one of the titles many attributed to THQ’s financial downfall. A sequel to Homefront is already in development by the studio.
Perhaps one of the best buys was Sega’s purchase of Relic Entertainment. After a recent downsizing, it appeared that Sega would primarily focus on Sonic and family games. Relic gives Sega access to the popular Warhammer 40,000 series as well as Homeworld and Company of War. We can potentially look forward to Sega staking a claim in the RTS and Shooter arena with this new acquisition.
Take Two picked up rights to Turtle Rock Studios’ Evolve project, while 2K Sports bought the rights to publish WWE titles – a smart move on the part of 2K Sports, which dominates the Basketball genre. With 2K Sports latest acquisition, it will now control both wrestling and basketball.