Source: Sega confirms that it has taken over Atlus' parent company
On the eve of the Tokyo Game Show, rumors started to float around that Sega (the video game company that brought you Sonic the Hedgehog) was the winning bidder for the financially troubled Index Corporation, parent company of Atlus (videogame company known for localizing "niche" Japanese games in the West). After an initial denial, Sega Sammy Holdings did confirm that they were acquiring Index.
Sega will create a subsidiary named Sega Dream Corporation to take over the operations of Index. Cited specifically in the document the Atlus properties "Megami Tensei", "Persona", and "Etrian Odyssey". Sega plans to "exploit" some of these properties and expand them into the PC online games and smart device arenas and also for their Japanese "pachislot" (pachinko slot machine) business. The due date for the transfer is November 1, 2013.
The purchase is thought to be $14 billion yen (roughly $141 million USD).
No word on how this will affect the Atlus/Nintendo crossover title Shin Megami Tensei X Fire Emblem yet.
Comment without an Outhouse Account using Facebook
Note: while you are welcome to speak your mind freely on any topic, we do ask that you keep discussion civil between each other. Nasty personal attacks against other commenters is strongly discouraged. Thanks!
About the Author - sdsichero
Sdsichero is Asian and he likes anime. He should write more articles.
More articles from sdsichero