CoN 25th Anniversary: 1997-2022
Square-Enix Plans for Friendly Takeover of Tecmo

Posted: 29th August 2008 02:11

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Dude on a Walrus
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Tecmo, the Japanese publisher of video games such as Ninja Gaiden, Tecmo Bowl, and Fatal Frame, has not had a very good year. After releasing XBox 360 action title Ninja Gaiden 2, game designer Tomonobu Itakagi and several other employees sued the company for unpaid overtime work relating to Ninja Gaiden 2. Other headaches included disappointing sales for Fatal Frame IV and the resignation of several top company officials.

But here comes Square-Enix to the rescue! According to Kotaku, Square-Enix is planning a friendly takeover of Tecmo in a similar manner to which happened to Taito in 2005. If the takeover is successful, Tecmo would become a wholly-owned subsidiary of Square-Enix, and if the wage issue is resolved, Tecmo's successful Team Ninja studio (Ninja Gaiden, Dead or Alive) would be making games for the big S-E.

Source: Kotaku

Also: <Salamando> wtf? Kingdom Hearts Gaiden?

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Posted: 30th August 2008 01:06

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Black Waltz
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Cool beans. Maybe this will mean more Temco games for the ps3.

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Posted: 4th December 2008 17:12

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Lunarian
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As good as it is to hear that the wage issue will be resolved by this, I'm not really sure I like the idea of a SE takeover. Things like this tend to change games around, and I personally would not like to see the series of Ninja Gaiden games changed. I think they are all great in the direction they have been going.

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Posted: 4th December 2008 19:12

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Dude on a Walrus
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In a hilarious turn of events, this takeover never happened, but apparently they are trying to take control of Eidos. Globalization?

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