THQ, the North American video game publisher and developer established in 1989, has officially been split up and sold to the highest bidder.
It’s been a long time coming, but the bittersweet day is finally here. After numerous reports of financial issues and an eventual filing for Chapter 11 bankruptcy, all THQ assets have been broken up and sold.
The private auction took place today, and while many interested parties did their best to gather information through social media, the results of which developer went to what publisher are still unknown. What we do know, however, is that it’s all over.
@thq auction is over. Clearlake is out. Assets broken up to individual bidders.
— Tim Lewinson (@VancouverTim) January 23, 2013
Lewinson, a Senior Producer at Finger Food Studios, continued by letting people know that the judge is set to finalize everything by 4 p.m.
It’s been a tough ride, but we wish all the people affected the best in their future endeavors Hopefully, this will only lead to further success for the many talented people shifting locations and publishers.