Nordic Games Buys Big IP from THQ

April 23, 2013 -

A new filing from bankrupt publisher THQ reveals details on the last franchises that were not sold separately as part of THQ's big asset auction earlier this year. Nordic Games has secured the rights to Darksiders and Red Faction, while (as we mentioned yesterday) Gearbox snapped up Homeworld.

The total came to $6.55 million, split between three buyers. Gearbox Software paid: $1.35 million for the space RTS. Italian publisher 505 Games picked up the Drawn to Life titles for $300,000. Nordic Games paid a total of $4.9 million for the lots comprised of the Red Faction series, the MX series, the Darksiders series, Other Owned Software, and Other Licensed Software. The latter two lots bundled a lot of THQ's smaller series together, including Frontlines, Destroy All Humans, Titan Quest, Juiced, The Outfit, and Summoner.

"First and foremost we are very happy about this deal which also turns over a new leaf for the entire Nordic Games Group. In the long term, we either want to cooperate with the original creators or best possible developers in order to work on sequels or additional content for these titles," said Nordic Games CEO Lars Wingefors in a statement. "A very important point for us is not to dash into several self-financed multi-million dollar projects right away, but rather to continue our in-depth analysis of all titles and carefully selecting different financing models for developing new installments of acquired IPs."

Source: GII


 
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