Big Huge Games for Sale by THQ

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Big Huge Games for Sale by THQ

Postby NWOWolfpack » Tue Mar 17, 2009 9:18 pm

Big Huge Games for Sale

http://www.CrispyGamer.com reports that THQ is looking to sell off Big Huge Games, not much more than a year after acquiring the RTS developer. This follows on their earlier story that Big Huge layoffs are coming, but it is more dire than that, with THQ informing them that the studio will be closed if a sale is not completed in the "near future." They also announces that Heavy Iron Studios and Incinerator Studios have been granted their independence:

As part of THQ’s previously announced business realignment and related headcount reduction plans that targeted cost reductions of $220 million, including a reduction in workforce of 600 people worldwide, THQ today notified the staff at two of its development studios that they will be spun out as independent companies: Heavy Iron in Los Angeles, CA, and Incinerator in Carlsbad, CA. In addition, THQ informed the staff at its Big Huge Games studio in Timonium, MD, that it plans to close the studio if a sale is not completed in the near future. These actions were unfortunate but were necessitated by the difficult economic environment.
What do you expect? The comedian is dead.

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