Archives by Day

April 2014
SuMTuWThFSa
12345
6789101112
13141516171819
20212223242526
27282930

About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

Advertising





THQ To Sell Certain Remaining Intellectual Properties

by Rainier on Feb. 26, 2013 @ 6:20 p.m. PST

THQ  announced that it will sell certain of its remaining intellectual properties via a Court-supervised sale process.

Last month, THQ sold the majority of its studios and games in development as part of its Chapter 11 case. The company expects to complete the bidding and sale process for these remaining IP assets by mid-May.

The company has designated six lots of IP titles for bidding (detailed list further down):

  • Darksiders;
  • Red Faction;
  • Homeworld;
  • MX;
  • Other Owned Software, including Big Beach Sports, Destroy All Humans!, Summoner, and more; and
  • Other Licensed Software, including Marvel Super Hero, Supreme Commander, Worms, and more.

Interested bidders must provide:

  1. complete identification, including the names of corporate officers or those authorized to act on the bidder’s behalf;
  2. written evidence of authority to enter into the anticipated transaction
  3. proof of financial ability to perform the contemplated transaction. Only those bidders who meet all three requirements will be provided access to confidential information about each lot of titles once a non-disclosure agreement has been executed.

Documentation meeting these three requirements should be sent to auction@thq.com.

Initial bids must be submitted by April 1, 2013. Final bids are required by April 15. The company, in consultation with its unsecured creditors committee, will determine the best and highest bid for each lot and designate a back-up bid. In May, the sales will be presented to the Court for final approval.

THQ Inc. has received more than 100 expressions of interest in purchasing various titles; consequently, a vigorous sale is anticipated. The company has established a special clearinghouse at auction@thq.com for email questions about the forthcoming sales.

Last month, the Court approved the sales of three of THQ Inc.’s owned studios and games in development, as well as Evolve, a working title under development at Turtle Rock Studios, Homefront 2, Metro: Last Light and South Park: The Stick of Truth. Under the terms of the agreements with the successful and approved bidders, the THQ estate received approximately $72 million.

THQ Official List of Intellectual Property Available for Bidding 

Lot 1 - OWNED SOFTWARE

 
Red FactionRed Faction Armageddon
Red Faction 2Red Faction: Guerrilla
  

Lot 2 - OWNED SOFTWARE

 
HomeworldHomeworld 2
  

Lot 3 - OWNED SOFTWARE

 
MX AliveMX vs ATV Untamed
MX Superfly featuring Ricky CarmichaelMX vs. ATV Alive Tournament
MX UnleashedMX vs. ATV Unleashed
MX vs ATV ReflexMX vs. ATV: On The Edge
  

Lot 4 - OWNED SOFTWARE

 
Darksiders

Darksiders 2

  

Lot 5 - OWNED SOFTWARE

 
All Star Cheer SquadElements of Destruction
All Star Cheer Squad 2Fantastic Pets
All Star Karate

Frontlines: Fuel of War

Baja: Edge of Control

Full Spectrum Warrior 1

Battle of the BandsFull Spectrum Warrior 2: Ten Hammers

Beat City

Juiced
Big Beach SportsJuiced 2: Hot Import Nights
Big Beach Sports 2Lock's Quest: Construction Combat
Big Family GamesNeighborhood Games
CrawlerPax Imperia
de BlobStuntman: Ignition
de Blob 2Summoner
Deadly CreaturesSummoner 2
Deep SixTerranium
Destroy All Humans!The Outfit
Destroy All Humans! 2Titan Quest
Destroy All Humans! Big Willy UnleashedTitan Quest: Immortal Throne
Destroy All Humans! Path of the FuronuDraw
Dood's Big AdventureWorld of Zoo
Drawn to Life 
Drawn to Life: The Next Chapter 
  

Lot 6 - LICENSED SOFTWARE (buyer to pay any cure costs)

 
Costume QuestScripps Spelling Bee (Scripps)
Daniel X (SueJack)Sherlock Holmes and the Mystery of Osborne House
Deepak Chopra's Leela (Curious Holdings)Stacking
Fancy Nancy: Tea Party Time! (Harper Collins)Supreme Commander
JeopardySupreme Commander Forged Alliance
Jeopardy 2The Biggest Loser
Journey to the Center of the EarthTruth or Lies
Let's Ride Best of BreedVampire Legends: Power of Three (dtp)
Marvel Super Hero Squad: Comic CombatWheel of Fortune
Marvel Super Hero Squad: The Infinity GauntletWheel of Fortune 2
Marvel Super Hero Squad: The Infinity Gauntlet 2World of Zoo
Nancy Drew: The Hidden StaircaseWorms 2
NexuizWorms Battle Islands
Paws & Claws Marine RescueWorms Open Warfare
Paws & Claws Pampered Pets Resort 3DWorms: A Space Oddity
PurrPals 2Worms: Open Warfare 2 (Team 17)
RioYou Don’t Know Jack (Jellyvision)
Rocket Riot 
Screwjumper (Frozen Codebase) 
blog comments powered by Disqus