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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. Bankruptcy Court has granted a motion to approve a sale of the majority of THQ's assets to multiple buyers. Vigil Games and a number of other properties remain with THQ in Chapter 11.

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THQ Loses Publishing VP

socalTECH

Agoura Hills-based THQ reported late Tuesday that the firm's Executive Vice President of Publishing, Scott Guthrie, has resigned. The firm said that Guthrie--who was responsible for the firm's North American sales, distribution, and marketing--is pursuing another opportunity. READ MORE>>.

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THQ To Lay Off 600

socalTECH

Agoura Hills-based THQ , a developer and publisher of video games, said Wednesday that it is making "additional cost reduction actions" which includes the layoff of approximately 600 people, or 24 percent of the company's workforce. THQ said the move was a response to the continuing uncertainty in the market. READ MORE>>.

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