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THQ shells out Ten Million (10,000,000) for Relic

bogg

Member
News stolen from actiontrip.com :
Publisher THQ has revealed that it will pay close to $10 million in total to acquire Vancouver-based real-time strategy specialists Relic Entertainment.
In a recent filing with the American Securities & Exchange Commission, the publisher noted that it paid $6 million to Relic's owners during the April to June quarter, with another $4 million due over the next two years.
As well as assuming Relic's debt of $517,000, that's $547,000 in tangible assets, $1.3 million in intangible assets, and a further $8.85 million in goodwill.
http://www.gamesindustry.biz/content_page.php?section_name=pub&aid=3968
God damn. That's alot of money...
 
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