THQ Inc. (THQI) Transfers UFC License to Zuffa

June 4, 2012 5:00 PM EDT Send to a Friend
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THQ Inc. (Nasdaq: THQI) and Zuffa, LLC, today announced that they have reached an agreement resulting in Zuffa licensing to Electronic Arts Inc. (Nasdaq: EA) the right to publish videogames based on the Ultimate Fighting Championship (UFC) brand, effective today.

The agreement results in an undisclosed cash payment to THQ. Additionally, THQ will continue to publish its existing console and mobile titles through March 31, 2013.


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