A new rumor suggests that Ubisoft is looking to buy the assets of troubled publisher THQ. According to MCV, anonymous sources suggest that Ubisoft is among the front-runners to bid for THQ’s assets, including brands and studios.
MCV’s sources suggest that Ubisoft is already participating in “lengthy discussions” regarding a deal but that it’s “after a bargain buy, and is prepared to hold-out until THQ is forced to sell off specific assets.”
THQ filed for bankruptcy earlier this week and entered into a deal with investment firm Clearlake Capital to manage its assets. THQ said Clearlake is a “stalking horse bidder” in a “section 363 sale process, which allows other interested parties to come forward with competing bids.” THQ president Jason Rubin referred to the process as “a new start for our company” and confirmed that all of its studios will remain open during the sale process and that game development will continue.
THQ’s assets include Company of Heroes developer Relic, Darksiders developer Vigil and Saints Row developer Volition as well as publishing deals for South Park: The Stick of Truth, Metro: Last Light, Homefront 2 and several other games in development.
We’ve reached out to both THQ and Ubisoft about the rumor and will update with any comment we receive. For more on the possible future of THQ, read our analysis of which other publishers might be interested in THQ’s assets.
Andrew Goldfarb is IGN’s associate news editor. Keep up with pictures of the latest food he’s been eating by following @garfep on Twitter or garfep on IGN.
Source : feeds[dot]ign[dot]com
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