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Sega buys Company of Heroes studio Relic

Warhammer 40k developer acquired during THQ bankruptcy auction

Sega has purchased Vancouver studio Relic Entertainment during a 22 hour bankruptcy auction of THQ's assets.

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Sega has reportedly pledged $26 million for the Company of Heroes developer in this week's THQ IP auctions.

Relic is currently working on Company of Heroes 2, the long-awaited sequel to its much-loved PC real-time strategy.

Legal documents related to THQ's bankruptcy filing in December also revealed a second - and previously unannounced - project in the works at Relic, titled 'Atlus', pinned for a 2014 release.

After two years of battling against the tide, THQ declared itself bankrupt and its assets were stripped off for sale on Wednesday. The publisher will now close completely.

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