38 Studios auctioned off their assets this week at Heritage Global Partners and managed to receive $320,000 in return. According to a statement from Richard Land, the receiver handling the asset auction, assets for the Rise of Legends and Rise of Nations games and their associated intellectual property were sold; as well as the trademark for Big Huge Games.
The studio’s massively multiplayer online role-playing game Project Copernicus and social media/gaming platform Helios did not receive “acceptable offers” and hence were kept. However, Land stated that he will continue to “engage in negotiations” with interested parties to sell off the remaining assets.
It’s currently unknown as to how much each asset raked in but that information will be provided soon once the related documents are officially released.
38 Studios’ auctioning was originally scheduled for November but was then moved to this month due to a higher than expected interest. It has come to light that more than 20 ‘names’ attended the auction.
Rise of Nations is a real-time strategy title, developed by Big Huge Games and published by Microsoft on May 20, 2003. Anyone who has gone through it’s various ages will agree that it definitely needs a new and fresh installment. Perhaps this auctioning means the best for Rise of Nations and hopefully we’ll see a good studio take on the game.