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THQ Details Buyers, Numbers After Fire Sale

socalTECH

Troubled Agoura Hills-based videogame maker THQ has officially been broken up into pieces and sold, according to the firm Wednesday evening, after a U.S. Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. Vigil Games and a number of other properties remain with THQ in Chapter 11.

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THQ Seeks Buyer As Sales Slip

socalTECH

Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. The announcement came as the firm announced net sales of $107.4M The firm said it hired Centerview Partners to help evaluate "strategic and financing alternatives". in revenues.

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THQ Chopped Into Tiny Pieces, Scattered To The Winds

socalTECH

Bankrupt Agoura Hills-based videogame publisher THQ has been chopped up into pieces, and scattered to the winds, after an auction sale of the firm's assets Wednesday. Farrell said that THQ now expects those sales to close this week. THQ said that employees not included in the sale would lose their jobs. READ MORE>>.

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THQ Sells Off UFC Rights To EA

socalTECH

Agoura Hills-based THQ said late Monday that it has sold off its rights to produce titles for the Ultimate Fighting Championship (UFC) brand, to Electronic Arts. Financial details of the sale were not disclosed. THQ said the sale is part of a "more focused strategy" for the company, whic has been struggling in the last year.

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SoCal Sees Summertime Surge In Exits

socalTECH

billion--include the recent sales of Vizio , Dollar Shave Club , Nervana Systems , TouchCommerce , and Orbitera , and Aurrion. Those exits--worth more than a collected $3.8