More news following the auction of THQ’s assets earlier in the week, including the possible sale of the publisher’s older IP, and updates from new Relic owner SEGA and Homefront developer Crytek.

First up it has been revealed that the publisher’s older IP is set to be sold off, meaning series such as Homeworld, Red Faction and De Blob could find themselves in new homes.

That’s according to THQ president Jason Rubin. He told Game Informer, “There will be a separate process to sell off the back catalogue and IP. That process will take place in the coming weeks.”

Meanwhile, SEGA has confirmed the acquisition of Company of Heroes developer Relic Entertainment. "We are incredibly excited to welcome Relic Entertainment into the SEGA family,” said the publisher.

To go along with the announcement, Company of Heroes 2 game director Quinn Duffy has published an open letter to fans.

"The good news is that Relic and Company of Heroes 2 are intact," he wrote. "Relic will continue moving forward with Company of Heroes 2, but we have some gaps on our team in the short term.

“What's next? I can only personally speculate that Relic has unique value for SEGA; that they liked what we were doing, and that they will want us to continue what we are doing. I know they're excited. 

“Apart from that, we don't have a lot we can talk about yet – if you can use Google, you likely have the same information we do. 

“We promise we'll try to tackle the transition as efficiently as possible so that we can get back to Company of Heroes 2 as quickly as we can.”

For Crytek, which purchased the rights to Homefront during the THQ auction, there would seem to be a little more stability.

“Since we first reached an agreement to develop Homefront 2, we’ve been firm believers in the IP and its potential to excite and amaze players,” said Yerli in an official statement.

“Our cooperation with THQ was always positive and we would like to thank them for all their support over the last two years and express our sympathy to those affected by the recent events at the company.”

Crytek’s general Nick Button-Brown added, “Nothing has changed with regards our development of the game, and we look forward to sharing the finished product with players.”