The writing was on the wall a few weeks ago when THQ announced it was going into Chapter 11 bankruptcy protection. Today, the word is that the once massive publisher is to be broken up and its games and development studios will be bought by a number of different companies.
IGN reports that Sega will acquire Vancouver-based Relic, which is currently developing Company of Heroes 2. German-based Koch Media, which published Dead Island, has reportedly acquired the Volition studio, the developers of the Saints Row series, along with the rights to the Metro series of shooters.
Take Two Interactive have reportedly bought the rights to publish the upcoming game from developer Turtle Rock Studios. Ubisoft is said to have bought THQ's Montreal-based development studio, which has yet to release a game. It has also reportedly acquired the rights to publish the upcoming South Park RPG title.
Finally, Crytek, which was developing Homefront 2 for THQ, has reportedly acquired the rights to the entire Homefront franchise. So far, there does not appear to be a buyer yet for THQ's other in-house development studio, Vigil Games, the makers of the Darksiders series.
Specific terms of each of these deals have not been disclosed. It remains to be seen just how many now former THQ employees will be rehired by the owners of the publisher's various properties.
Source: IGN | Image via THQ