Industry News

THQ auctions come to a conclusion, Nordic Games buys majority

Bidding on the last of THQ’s rights and intellectual properties may have come to a conclusion days ago, but it wasn’t until today that we began to see who ended up buying what. We first found out that Gearbox Software ended up buying Homeworld while 505 Games grabbed Drawn to Life. What about the rest of their titles? Say hello to Nordic Games.

Pending the approval of the bankruptcy court, Nordic Games will acquire  over 150 SKUs for a purchasing price of USD 4.9 million spanned across PC, Microsoft, Nintendo and Sony platforms.

“…In the long term, we either want to cooperate with the original creators or best possible developers in order to work on sequels or additional content for these titles” comments Lars Wingefors, owner and CEO of Nordic Games Group AB. “This substantial increase of our games portfolio is the next step to maintain and strengthen our position across a wide range of digital platforms,” continued Klemens Kreuzer, Managing Director at Nordic Games GmbH.

The publisher expects the deal to be finalized on May 13, 2012, when it hopes the US Bankruptcy Court will approve the process.

In the meantime, Gearbox Software has announced that they plan on “making [Homeworld and Homeworld 2] accessible on today’s leading digital platforms.” They are actively seeking out interested parties to join the two projects.

It has certainly been interesting following the THQ auction, however, the loss of the publisher still lingers in the air as no doubt, there are people still feeling the affects.


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