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THQ Inc. is a North American developer and publisher of video games in bankruptcy since December 2012 and in liquidation since January 2013. Founded in 1989 in the United States, the company developed products for video game consoles, handheld game consoles, as well as for personal computers and wireless devices. Its name derives from "Toy Head-Quarters" during the time when the company was a... MORE THQ Inc. is a North American developer and publisher of video games in bankruptcy since December 2012 and in liquidation since January 2013. Founded in 1989 in the United States, the company developed products for video game consoles, handheld game consoles, as well as for personal computers and wireless devices. Its name derives from "Toy Head-Quarters" during the time when the company was a toy manufacturer in the early 1990s. THQ had offices in North America, Europe and Asia Pacific. The company published internally created, and externally licensed content in its product portfolio. THQ's internally created games included the Saints Row series, Frontlines: Fuel of War, the Red Faction series, MX vs. ATV, Company of Heroes, and the Dawn of War series among others. The company also held exclusive, and long-term licensing agreements with leading sports and entertainment content creators. These creators included WWE, Nickelodeon, Disney and Pixar. After several years of financial struggles and an increasing amount of debt, THQ filed for Chapter 11 bankruptcy in December 2012. On January 22, 2013, the company sold off all but one of its studios and related properties at an auction to other video game developers. In addition, most of the remaining staff was laid off. LESS |
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