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Report: THQ Cutting 170

socalTECH

Calabasas-based videogame developer THQ has reportedly cut 170 of its employees, according to reports Wednesday. According to reports on gaming sites, the cuts are expected to be announced along with THQ's earnings tomorrow. The report of the cuts apparently came via gaming insider Kevin Dent.

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THQ Seeks Buyer As Sales Slip

socalTECH

Agoura Hills-based videogame maker THQ is looking for a buyer, after reporting less-than-stellar results on Monday afternoon. THQ said it has hired an investment banker to help it consider "strategic alternatives", in hopes of raising additional capital to bring a number of titles to market. in revenues.

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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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THQ Raises Q4 Outlook

socalTECH

Agoura Hills-based THQ , the embattled videogame maker, is finally seeing some good news, reporting today that it is expecting to report non-GAAP net sales of $160 million to $170 million, above its previous outlook of $130 million to $150 million.

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THQ Ties With Random House Publishing

socalTECH

Agoura-based THQ , the videogame maker, reported today that it has linked with publisher Random House Publishing Group , where the two will co-develop intellectual property. Random House and THQ said the two will develop a collection of games and books, as well as other media. No financial details of the deal were announced.

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THQ Regains NASDAQ Minimum Bid Compliance

socalTECH

Agoura Hills-based videogame maker THQ reported this morning that it has regained compliance with the minimum bid price rule for continued listing on the NASDAQ Global Select Market. THQ had been hovering below the $1.00

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THQ Taps Joyent For Infrastructure

socalTECH

Agoura Hills-based THQ reports today that it has selected Joyent , a provider of cloud infrastructure services, to provide it with support in the social games space. THQ said that it will use Joyent to support its turn-key development and publishing for its social gaming development teams. READ MORE>>.

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