THQ has been trying to sell their assets and today, a couple have been picked up by Koch Media and Deep Silver.

The company that brought you Dead Island has acquired the intellectual property rights for two of THQ's best franchises, Saints Row and Metro . They've also nabbed the Chicago-based studio that used to be under THQ's flag, Volition.

Therefore, moving forward, Deep Silver will handle "all further development and marketing" on the two aforementioned franchises, each of which has managed to sell millions of units worldwide. Said Koch Media GmbH CEO Dr. Klemens Kundratitz:

"Koch Media welcomes the addition of these magnificent franchises to the Koch Media family of entertainment properties. With more than 200 games on notable platforms globally, and its proven success creating renowned franchises like Dead Island, Deep Silver is perfectly positioned to lead these brands into the next generation of interactive entertainment for fans around the world."

Deep Silver COO Geoff Mulligan added that the Saints Row and Metro franchises "hold a special place in the hearts and minds of anyone who loves exceptional video games," and the company is "thrilled to usher in a new era." There's no doubt that the addition of the talented Volition team will help as well. We're all anticipating Saints Row 4 at some point and Metro: Last Light is slated to launch on March 31. Here's hoping Deep Silver has some success with future installments.