If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

THQ reveals price paid for RTS developer Relic Entertainment

Publisher THQ will pay close to $10 million in total to acquire Warhammer 40,000: Dawn of War developer Relic Entertainment, the company revealed this week, offering a full breakdown in an SEC filing.

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.

When it announced the purchase in April, THQ did not disclose the figure, but did reveal that the deal was for cash - a departure from the normal terms of such acquisitions. In general, publishers base developer acquisitions on shares, not cash.

Relic, best known for the Sierra Studios-published Homeworld, has a strong pedigree in the real-time strategy genre, having also produced a popular sequel to Homeworld and the critically acclaimed Impossible Creatures for Microsoft Game Studios.

The firm is currently working on the Warhammer 40,000: Dawn of War strategy game for THQ, having signed a two-property multi-year publishing deal with the company prior to its acquisition.

At the time of the acquisition announcement, THQ worldwide studios executive VP Jack Sorensen described Relic as a company with a proven ability to create high quality product.

"We are confident that Relic's extremely talented teams of designers, programmers and artists will solidify THQ's position as a leading publisher of PC and console entertainment," he said.

THQ has been bolstering its PC line-up in recent years, with titles including Full Spectrum Warrior and S.T.A.L.K.E.R.: Shadow of Chernobyl the subject of widespread critical interest and expected to do well in the future.

Tom Bramwell avatar

Tom Bramwell


Tom worked at Eurogamer from early 2000 to late 2014, including seven years as Editor-in-Chief.