Take-Two Interactive has acquired new IP 'Evolve' in the week's THQ IP auctions, outbidding the game's own developer, Turtle Rock Studios.
Turtle Rock - co-developer of the Left 4 Dead series - had placed a backup bid of $250,000 to take full ownership of its new 'Evolve' IP, but was beaten by the $10.8 million bid from Take-Two.
Little is known about Evolve, other than it being a shooter which was first outed as a 'co-op action game' in legal documents related to THQ's bankruptcy filings in December 2012.
After two turbulent years, THQ declared itself bankrupt and its assets were stripped off for sale on Wednesday. The publisher will now close completely.