THQ Auction Ends, Remaining IP Sell for $6-7 Million

The fate of Darksiders and Red Faction has finally been decided.

Posted By | On 22nd, Apr. 2013 Under News

In a mad race that saw developers like TeamPixel with a Kickstarter campaign to raise money for acquiring the Homeworld IP and Crytek USA wanting to retrieve Darksiders, since the studio is composed of many ex-Vigil Games staff, the bd for THQ’s remaining intellectual properties has finally closed.

Court documents show that of the 17 bids made, with final offers still pending court approval, the total amounts to roughly $6 to $7 million. As of now, it’s unknown who won the bids but we do know that TeamPixel lost out on trying to capture Homeworld, for which they’ll be refunding various backers.

IPs involved in the auction includ Darksiders, Red Faction, the MX series, and of course, THQ’s licensed software. Wrapping up of the auction’s proceedings was expected to be done by mid-May but it appears things will be well and truly over by May end. Stay tuned in the coming weeks for details on the new IP owners.

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