Videogame maker THQ gets court approval for sale of assets

(Reuters) – Videogame maker THQ Inc said it received court approval to sell its assets to various buyers for about $ 72 million and will split up following the sale. The company will sell Relic Studios to Japanese video game software developer Sega Corp for $ 26.6 million while Koch Media GmbH will buy Volition Inc and video game “Metro: Last Light” for $ 22.3 million and $ 5.9 million, respectively. Volition is the maker of THQ’s best selling “Saints Row” series. The company’s publishing businesses, Vigil Games and certain other intellectual properties were not part of the sale process. …

Full Story Via Tech News Headlines – Yahoo! News

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>