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In 2012, due to declining sales, various game cancellations and the failure of the uDraw, THQ declared Chapter 11 bankruptcy. They held two auctions to sell off their remaining assets, such as:
In 2012, due to declining sales, various game cancellations and the failure of the uDraw, THQ declared Chapter 11 bankruptcy. They held two auctions to sell off their remaining assets, such as:
* Subsidiaries such as Relic Entertainment (sold to SEGA along with the Warhammer 40k license) and Volition (sold to Koch Media)
* Subsidiaries such as Relic Entertainment (sold to SEGA) and Volition (sold to Koch Media)
* Intellectual properties such as Homeworld (acquired by Gearbox Software) and Freespace (taken by the series' previous publisher Interplay Entertainment)
* Intellectual properties such as Homeworld (acquired by Gearbox Software) and Freespace (taken by the series' previous publisher Interplay Entertainment)
* Games yet to be published such as South Park: The Stick of Truth (picked up by Ubisoft) and Devil's Third (reverted to Valhalla Game Studios and published by Nintendo)
* Games yet to be published such as South Park: The Stick of Truth (picked up by Ubisoft) and Devil's Third (reverted to Valhalla Game Studios and published by Nintendo)