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
Coming Soon: September

Coming Soon (September 2014): Things are starting to heat up

With big names like Destiny and The Sims, and a couple great RPGs, September is looking good.

Shadow Realms

Can BioWare pull off digital D&D? We go hands on with Shadow Realms

BioWare's Jeff Hickman tells us what rules can be bent and what can be broken.

Dragon Age Inquistion

I Hope There Aren’t Any Straight Characters in Dragon Age: Inquisition

I'm no bigot, but I have to get this off my chest.

Streaming Radio
Radio Streams are restricted to iiNet group customers.

GreenManGaming MREC

Facebook Like Box