
Moments after rejecting Square Enix’s advances, Tecmo announces intention to merge with Dynasty Warriors dev Koei
Having literally just announced that it has rejected the acquistion offer from Final Fantasy developer and publisher Square Enix, Japanese firm Tecmo had made the surprise announcement that it is planning to merge with Koei.
Kotaku reports that talks are already underway following the creation of an ‘integrated management committee’, with Tecmo claiming that the two firm’s software portfolios are highly complimentary.
A statement reads: “As the game industry environment changes with high-powered hardware, portable game machines and rapid growth as well as online mobile games, the accelerating consumer needs are varied and sophisticated. The industry has intensified. Multi-platform and the importance of overseas markets is pushing the industry towards global competition.
“Under these circumstances, these two companies have excellent financial positions, strengths and the ability to take advantage of each other in order to improve profitability and solidified the foundation of a worldwide leader.”
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Comments
ooo
With things like these I ever wonder when Microsoft would step in and purchase a company
What ever happened to there Take 2 bid they thought of doing???
Microsoft personally need to bulster up there gaming market to keep the variety from Microsoft Studios just like Sony do with theres
But at least the ninja gaiden lot are upping there game and merging on
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