SEGA buys struggling ATLUS for $141 million

SEGA logo

By on September 19, 2013 at 6:56 pm

Publisher SEGA has stepped in to help the struggling parent company of ATLUS, who are most recently known for games like Dragon’s Crown, Persona 4 and Catherine.

ATLUS’ parent company, Index, released a statement saying “Under the agreement, SEGA will take over the operations conducted by Index, the bankrupt company that applied to the Tokyo District Court for the commencement of civil rehabilitation proceedings effective from June 27, 2013″.

The price tag is set at 14 billion yen, or USD $141 million.

Source: Kotaku

Tags: ,
2 comments (Leave your own)

Good, but unsurprising. They looked like the obvious choice.

 

YAY! Struggling but awesome publisher is bought by larger, struggling but (mostly) great publisher!

What could go wrong…

 
Leave a comment

You can use the following bbCode
[i], [b], [img], [quote], [url href="http://www.google.com/"]Google[/url]

Leave a Reply

PC Gaming Calendar 2014

Follow Games.on.net

YouTube

Steam Group

Upcoming Games

Community Soapbox

Recent Features
Rainbow Six Siege

Rainbox Six Siege hands-on: Ubisoft goes back to their roots

Siege brings strategy and planning back in a big way.

Ghost Recon Wildlands

Ghost Recon Wildlands preview: More reconnaissance needed

Another impressive Ubisoft open world, but it's too early to tell how this is shaping up.

Destiny the Taken King

Destiny: The Taken King – Half the content at the full price

James plays The Taken King at E3 and has a good time - until he checks out the price.

Just Cause 3

Just Cause 3 allows you to steal navy warships, destroy bridges and more

Even Just Cause 3's own developers want you to forget about the story and just blow stuff up.

Deus Ex: Mankind Divided

Deus Ex: Mankind Divided learns from the mistakes of the past

Human Revolution but with better boss battles and more augs? James laps it up.

Streaming Radio
Radio Streams are restricted to iiNet group customers.

GreenManGaming MREC

Facebook Like Box