RSS Feeds NGN on Facebook NGN on Twitter NGN on YouTube
Monday September 15, 2025
Header logo

THQ Auction results see major franchises sold

SEGA, Take Two, Ubisoft and more are involved as company assets are auctioned off

Posted on

The official results of today's THQ Auction are beginning to appear, with big moves being made to save major brands from the bankrupt publisher.

Reported by NeoGaf, a letter was sent to all THQ employees detailing the outcome.

The big movers are as follows. Sega agreed to purchase Relic studio (Company of Heroes, Warhammer 40k) for $26.6 million. Bethesda was the runner-up on the purchase with $26.3 million offer.

Koch Media agreed to purchase Volition studio (Saints Row) for $22 million. Ubisoft also made a $5 mil bid. Similar bidding war took place for the Metro franchise, also being purchased by Koch Media for $5.8 million over Ubisoft's offered $5.3 million.

Take 2 agreed purchase Evolve license for $10 million. Developers Turtle Rock tried to make a bid for their own game, with a $250k offer. Ubisoft agreed to purchase THQ Montreal studio ($2.5 mil, no other offers) and South Park license ($3 mil, no other offers).

Other transactions saw Crytek purchase Homefront ($500k, no other offers) and EA working on a WWE agreement.

Perhaps most surprising is the fate of Vigil studio (Darksiders), which was not sold today and thus could potentially be closed if no buyer steps up soon.

"We expect that most employees of the entities included in the sale will be offered employment by the new owners. However, we cannot say what these owners may intend, and there will likely be some positions that will not be needed under the new ownership. You should receive notice this week or early next week if the new owners intend to extend employment to you. Please note that the terms of your new employment, including pay and benefits, may be different from the current terms of your employment with THQ," read the letter from President Jason Rubin and CEO Brian Farrell. "If you are an employee of an entity that is not included in the sale, we regret that your position will end."

THQ Inc. was founded in 1989 in the United States, the company developed products for video game consoles, handheld game consoles, as well as for personal computers and wireless devices. Its name derives from "Toy Head-Quarters" during the time when the company was a toy manufacturer in the early 1990s.

Comments
Screens







Online
There are currently 0 members and 268 guests on the website right now.
Who's On?
Activity in the past 10 minutes:
  • 268 guests
Best News this Month
Gears of War: E-Day Prequel Confirmed for 2026 Release
Gears of War: E-Day releases in 2026 on Xbox Series X/S and PC, set 14 years before the 2006 original, starring Marcus Fenix and Dom Santiago on Emergence Day.

Posted 26 days ago
Battlefield 6 Release Date, Beta Content, and Full Gamepl...
Battlefield 6 release date confirmed with full beta details--maps, modes, weapons, new features, and EA's past loot box lawsuit in earlier Battlefield games.
3 days ago
Skate Early Access Release Date Revealed for Consoles and PC
EA confirms Skate early access for Sept. 16, 2025. The free-to-play reboot launches on PS4, PS5, Xbox, and PC with crossplay, new tricks, and San Vansterdam.
14 days ago
Sony's Rumored PS6 Handheld Could Outpower the PS5 and Ch...
Sony's rumored PS6 handheld may launch in 2027 with AMD RDNA 5 power, TV dock support, $399-$499 price range, and backward compatibility with PS4 and PS5.
10 days ago
Stalker 2 Roadmap 2025 Confirms Unreal Engine 5.5.4 Upgra...
GSC Game World's 2025 roadmap for Stalker 2 adds Unreal Engine 5.5.4 upgrade, major gameplay updates, and confirms PS5 and PS5 Pro release by year's end.
31 days ago
Latest Comments
Valve's Steam Deck 2 Leak Points to 2028 Release
Sep 11, 2025 by Bruhh
So you decided to put an AI image of a ugly ass...
NBA 2K14 Review
Sep 4, 2025 by POOOOOO21234
i hope whoever made that game gets cancer and her wif...
Gears of War: E-Day Prequel Confirmed for 2026...
Aug 25, 2025 by Yumnugget
You can tell when someone hasn't read the books lol
Gears of War: E-Day Prequel Confirmed for 2026...
Aug 25, 2025 by Eday Duh
Of course E Day is coming to PS5. They would be utter...
Gears of War: E-Day Prequel Confirmed for 2026...
Aug 21, 2025 by Chris J Arnot
I dont know where you think they used the tears for fears...
New Game Network NGN Facebook NGN Twitter NGN Youtube NGN RSS