Featured Articles

AMD sheds light on stacked DRAM APUs

AMD sheds light on stacked DRAM APUs

AMD is fast tracking stacked DRAM deployment and a new presentation leaked by the company  points to APUs with stacked DRAM,…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Intel launches new mobile Haswell and Bay Trail parts

Intel launches new mobile Haswell and Bay Trail parts

Intel has introduced seven new Haswell mobile parts and four Bay Trail SoC chips, but most of them are merely clock…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 25 January 2013 09:31

THQ’s bankruptcy asset sale approved

Written by David Stellmack



About $72 million raked in from sale


THQ’s sale of assets has been approved by the US Bankruptcy Court, which saw titles as well as studios find new homes with multiple (and some surprising) buyers. The sale netted the THQ estate approximately $72 million, which now makes the total estimated value of the estate about $100 million. That $100 million includes certain assets and other IP that was excluded from sale.

THQ’s publishing business as well as Vigil Games and certain other assets and IP will remain part of the THQ estate and continue in the Chapter 11 process. It is possible that some of the remaining IP as well as Vigil Games could still be sold and find a new owner, but sources tell us we are still some time away from seeing the entire remaining THQ bankruptcy sorted out.

The sales from the auction that are now approved will close today and the saga will continue; but experts tell us that any hope for a THQ restructuring that would allow the company to remain intact and continue are gone.

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments