» News: South Park and Homefront and Saints Row, Oh My! THQ Assets Sold

L.E. Green

|    Wednesday, January 23, 2013

THQ-Fail-Logo-Blend-50pLet the cannibalising begin! You read that correctly, THQ, which filed for Chapter 11 late last year, is now being sold off, piece by piece. We found out through Ubisoft’s announcement today, that it has acquired the former publisher’s Montreal development house, THQ Montreal, and along with it the publishing rights to South Park: The Stick of Truth and the entirety of a yet-to-be-announced IP that is still under development. PC Authority also reports that the Relic (Company of Heroes, Warhammer 40,000) and Volition (Red Faction, Saints Row) brands were purchased by¬† Sega and Koch Media respectively, and Crytek bought up the entirety of the Homefront franchise.

While the news is sad for the industry as a whole, especially because, as with other asset sales, this is mostly other big players sucking up more of the competition and thinning the market, it is good news for those development houses and their teams, because they will live on and continue to develop more games. Except for Vigil Entertainment… They’re gone… You can insert your own dark pun based on their name in the comments if you wish, but it’s sad that a team that produced two popular, highly rated games is done so quickly.

 

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