PS1 News: Tecmo, Koei Plan To Merge In 2009 - PS1 News

Members Login: Register | Why sign up? | Forgot Password?

Tecmo, Koei Plan To Merge In 2009

Not long after rejecting Square-Enix's friendly buyout proposal, troubled publisher Tecmo has decided to merge with Dynasty Warriors creator, Koei. According to Bloomberg, the merger should go through early next year, and then Koei will reorganize the holding company. Things have been bumpy for Tecmo ever since high-profile designer Tomonobu Itagaki left the company earlier this year.

It seems Tecmo and Koei started talking about this last month, and now this move will hopefully benefit both companies. Square-Enix's Yoichi Wada had this to say on the subject- "Tecmo is a group of excellent creators with a proven track record in the global market, which is a precious human resource of Japan. We, however, cannot be optimistic about the future of this significant resource, given the current circumstances surrounding Tecmo." Koei president Kenji Matsubara said this merger still doesn't put both publishers in the clear, but he did say they "plan to make the most of this merger," and future acquisitions may be possible in the near future. In the ever-growing and ultra-competitive games market, it can be difficult to survive when you don't continually put out big-name titles that sell in all corners of the globe.

But hey, Tecmo and Koei could do some interesting things, provided they don't collapse under the weight of that aforementioned competition. We'll keep an eye on the proceedings to see how the merger plays out, and we'll let you know if anything of interest occurs.

P.S. Sometimes, business news can be boring. Thus, the Tecmo pic with the Japanese hotties for your benefit.

10/1/2008 Ben Dutka

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

Comments (0 posts)

There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Our Poll

What's your current view of the "PS4 Neo?"
Love the idea, I want it!
I'm okay with it, I think.
Well, I really need to learn more.
I'm a little disappointed.
I absolutely HATE it.

Previous Poll Results