Bidding for remaining THQ IP closed

Company received 17 bids for "certain" remaining franchises, expected to bring in as much as $7 million when sale closes next month.

 

Bidding for the remaining unsold THQ franchises has closed, according to a legal document filed this week (via Polygon). Seventeen final bids for "certain" IP are expected to bring in between $6 and $7 million when the sale process closes by the end of May.

In February, THQ said it had received more than 100 expressions of interest for various titles. Bidding opened on April 1, with final bids required to be posted by April 15.

Franchises up for bidding include Darksiders (which Crytek USA is interested in), Red Faction, Homeworld, MX, and various other owned and licensed software, including Destroy all Humans! and Supreme Commander.

None of the bids were detailed in the document, though developer TeamPixel announced today that it had been outbid by a mystery party for the Homeworld IP.

"The auction for the Homeworld license ended April 15, 2013, and while we reached qualified bidder status for the bankruptcy auction, we were unable to raise the necessary funds to remain competitive against the other parties at the auction," the company wrote.

Read and Post Comments | Get the full article at GameSpot


"Bidding for remaining THQ IP closed" was posted by Eddie Makuch on Fri, 19 Apr 2013 11:34:46 -0700
Filed under: Video Games

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