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THQ Details Buyers, Numbers After Fire Sale

socalTECH

Troubled Agoura Hills-based videogame maker THQ has officially been broken up into pieces and sold, according to the firm Wednesday evening, after a U.S. THQ detailed the sale Wednesday night, saying the company's estate will receive approximately $72M in total through the sales of its owned studios and games in development.

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Rumors Swirl Around THQ

socalTECH

Rumors have been swirling around Agoura Hills-based THQ since this weekend, when a gaming industry analyst, Peter Skerritt, reported that the videogame maker was either looking for a buyer or shutting down its videogame development efforts, cancelling its 2014 lineup. as part of an "ongoing review" of its business.

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DTS Buys Neural Audio, Opens Silicon Valley Offices

socalTECH

Agoura Hills-based DTS has acquired Neural Audio, a firm which develops music playback and creation technology, the firm said Tuesday afternoon. Neural Audio is based in Kirkland, Washington, and develops audio analyzers, devices for delivering surround sound, and other audio equipment and IP. DTS said it will pay $7.5M