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THQ Assets Divided, Ubisoft Grabs South Park Game


​The latest business surrounding THQ's bankruptcy has triggered the purchase of several video game franchises and development studios. According to a letter sent by THQ to Kotaku, here's what happened:

  • Yesterday morning, we received a competing bid for the operating business, along with Clearlake's offer, and numerous offers for separate assets.
  • During an auction process that lasted over 22 hours, the final conclusion was that the separate-asset bids would net more than a single buyer for the majority of the company.
  • Shortly, we will, present the results to the U.S. Bankruptcy Court, which must concur with our assessment. The proposed sales of multiple assets is as follows:
    • Sega agreed to purchase Relic
    • Koch Media agreed to purchase Volition and Metro
    • Crytek agreed to purchase Homefront
    • Take 2 agreed purchase Evolve and
    • Ubisoft agreed to purchase Montreal and South Park

So far Ubisoft is the only publisher that officially confirmed the purchase of THQ Montreal and the project South Park:

"This deal adds experienced developers to our internal creative teams at a key moment in the cycle of the video game industry," said Yannis Mallat, president of Ubisoft Montreal. THQ Montreal In addition to the team at THQ Montreal, Ubisoft also acquired a new, yet-to-be announced IP in development at the studio. THQ Montreal will join Ubisoft's development teams, already the second-largest in-house development staff in the world with 26 studios in 19 countries and more than 6,250 people dedicated to video game production.

South Park: The Stick of Truth South Park: The Stick of Truth is being developed by Obsidian Entertainment, the studio behind Fallout: New Vegas, and is scheduled for release in calendar 2013.

This acquisition has no material impact on Ubisoft's current fiscal year (2012/13).

Stay tuned for a bit more info on Darksiders 3...


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4 post(s)
Reader Comments
Bubu Jan 24 2013, 05:48 am EST
I want this game nowwwwww.
Vader [STAFF] Jan 24 2013, 06:31 am EST
South Park? Or Darksiders 3?

It's South Park isn't it?
  Bubu: Ofc it's south park silly.
Terminator Jan 24 2013, 08:30 am EST
I'm very sad to see THQ go down like this.
Duffey Jan 24 2013, 09:27 am EST
Unlike other game companys THQ wasn't a greedy coperate douch would of prefered to see blizz die. Still sad moment :( i really hope more saints row though.
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