Showing posts tagged breaking news.

BREAKING: Square Enix to buy Tecmo!

Thursday 28 August 2008 @ 9:49 pm | By Amy Fairchild

Kotaku reports that as of approximately an hour and twenty minutes ago, Tecmo will be taken over by Square Enix. The deal is expected to provide financial relief to Tecmo, whose supposed Blockbuster title of the summer, Ninja Gaiden 2, was anything but. Making matters worse, the company is currently being sued by most of Team Ninja including Tomonobu Itagaki, creator of the flagship Ninja Gaiden and Dead or Alive franchises.

Square Enix, meanwhile, will benefit from an increased North American presence beyond the traditional 14 year-old girls and nerds of all ages that make up Final Fantasy and Kingdom Hearts’ target audience, in addition to an expanded portfolio of non-RPG games. Final Fantasy Xtreme Beach Volleyball anyone?

[Kotaku]

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Filed in: Web Notes Tags: breaking news , Business , Square-Enix , Tecmo

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