One of the saddest episodes in gaming is now done. THQ sold off their assets to other developers and publishers and anyone who did not work for one of the companies sold are being laid off. For the past year THQ has been limping along and filed for bankruptcy last month. A few weeks ago it was announced that an auction would be held to sell off THQ’s studios and intellectual properties. Here is the rundown of what we know so far.

• Koch Media (Deep Silver) has purchased Volition, developers of the Saint’s Row franchise. They have also gotten the rights to the Metro franchise. Metro: Last Light was due for release this year.
• Sega is getting Relic who developed Warhammer 40K and Company of Heroes.
• Take Two has purchased Evolve, a codename project from Turtle Rock Studios.
• Crytek purchaed the rights to the Homefront series.
• Ubisoft will get the rights to South Park: The Stick of Truth and the THQ Montreal studio who are making the game 1666 from the creator of Assassin’s Creed.

Some properties like Darksiders (and studio Vigil) and the WWE franchise are still up in the air as of this writing. We will update as more is known.