SEGA Acquires Index Corporation

A bit slow with the news, but as big as they are for us all, I hope it’s not too late for me to share them.

SEGA has purchased the Atlus parent company Index Corporation. This was announced a couple of days ago on the official Japanese stock market. Index Holdings is already a part of SEGA and so will be Atlus’s titles including Shin Megami Tensei and Persona.

In the summer of 2012 Index Corporation filed for bankruptcy because of being unable to pay off a debt, estimated at 2.45billion Japanese yen equal to c.a. 180 million euro. After this action was taken, the company’s main stock package went on the market and many of the industry’s big named were trying to get their hands on Index as it is rather enjoyed in both North America and Europe.

The price at which the package was acquired is supposedly around 20 billion yen.

What matters most, however, is how will this change influence the everyday life at the offices of Atlus and with that the production of our favourite titles? A spokesperson confided that there is no effect to the day-to-day work whatsoever.

Source: Nikkei

Is this great news or not-so-great? What do you think? Comment below.

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Lulubel
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Lulubel

Why would they make an acquisition in such a shady manner? Why didn’t they make a statement on what their policy would be? Corporations…

BakaOuji
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BakaOuji

Why should they?

MechaMan
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MechaMan

I hope this does not mean less Altus titles…

Shounen
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Shounen

I hope they don’t kill Altus…

BrutalMurder
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BrutalMurder

This is not good news…still better than bancruptcy, I assume.

DevilMayCry
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DevilMayCry

As long as SEGA leave Index do their own thing, it is. ;)