CHAMPAIGN Koch Media was the winning bidder for Volition Inc., the Champaign-based video game studio, according to court documents filed Wednesday in U.S. Bankruptcy Court in Delaware.
The European company, which owns the Deep Silver video studio in Larkspur, Calif., bid $22,312,925 for the assets of Volition, best known for creating the "Saints Row" line of video games.
Koch Media easily outbid Ubisoft, which entered a $5.4 million bid for Volition.
Volition's general manager, Dan Cermak, who was in Delaware for the auction, said it appears the studio will remain in Champaign and the future looks "very positive" for Volition under Koch Media.
"I haven't had a chance to sit down with (Koch officials) except for a few moments, and they were very positive," Cermak said in an email shortly after the bid results were released.
"They love Saints Row and are very happy to own its creator," he said, adding that "Volition is not moving."