Just a couple of hours ago we reported that THQ has declared bankruptcy. The good news is that it looks like the publisher has found a get out of jail free card.
According to an announcement on its website, THQ’s President, Jason Rubin, has posted some good news to fans. A private equity firm, Clearlake Capital Group, has shown interest in buying THQ’s major assets – the game developers Relic, THQ Montreal, Vigil and Volition, the game IP and the contracts the company has with other organisations.
On top of that, Clearlake is putting up the capital to allow THQ to continue operating as normal as the bankruptcy plays out.
With any luck, this means that THQ’s finally going to be unburdened with financial strain and will actually be able to get on with the job of publishing top-quality games.