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THQ Sets Sale Of Remaining Games

socalTECH

Agoura Hills-based videogame maker THQ --or at least, what's left of THQ--released the details of how it plans to sell its remaining intellectual property late Tuesday, saying it expects to complete the bidding and sale of the properties by mid-May. THQ sold the rest of its studios and games in a deal last month, worth $72M.

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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. READ MORE>>.

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THQ Sells ValueSoft Division To Cosmi Software

socalTECH

Agoura-based videogame developer THQ has sold off its value PC software arm, ValueSoft , to Westminster, California-based Cosmi , the firms said this morning. Financial terms of the sale were not disclosed. THQ said the sale will allow the company to focus on its core video game portfolio. READ MORE>>.

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THQ Auctions Off Additional Games

socalTECH

Bankrupt videogame maker THQ said Monday afternoon that it has received $6.55M in the sale of six additional lots of its intellectual property, from three buyers. from Nordic Games Licing AB for its titles Darksiders, Red Faction, MX vs ATV, other owned software (includes Destroy all Humans!, THQ was based in Agoura Hills.

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THQ Loses Publishing VP

socalTECH

Agoura Hills-based THQ reported late Tuesday that the firm's Executive Vice President of Publishing, Scott Guthrie, has resigned. The firm said that Guthrie--who was responsible for the firm's North American sales, distribution, and marketing--is pursuing another opportunity. READ MORE>>.

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