THQ sells budget division, focuses on core portfolio

THQ has sold ValuSoft, the budget publishing and development studio it acquired a decade ago. In a statement, THQ CEO Brian Farrell said that the sale of ValuSoft to budget software specialist Cosmi will allow THQ to use spend more resources on its core games.

THQ has sold ValuSoft, the budget publishing and development studio it acquired a decade ago to make 'value' games to be sold in stores like Walmart and Target.

The move is in line with THQ's strategy to focus on its core titles while culling its licensed kids' games and budget games divisions.

In a statement, THQ CEO Brian Farrell said that the sale of ValuSoft to budget software specialist Cosmi will allow THQ to use spend more resources on its core games.

"With the transition of the 'Value' PC business to Cosmi, our internal resources are now focused on our core video game portfolio where we can drive the highest quality performance and execution of our games," he said.

ValuSoft developed and distributed a variety of racing, puzzle, adventure, and kids' games. Among their titles are Paws and Claws: Pet Vet, Eco Match, Majestic Chess, and Hot Dish.

We have contacted THQ for comment and will update this story when they respond.