Square and Enix join together
To fend off development costs and competition from foreign developers, Square and Enix announced today that they have merged together. The move is also said to increase development power and earnings, while delivering quality entertainment to the videogame industry. Apparently, the two companies will officially operate together April 1, 2003. Serving as no fool, current Enix chairman Yasuhiro Fukushima will be appointed as the new chairman, and current Square president Wada Youchi will assume president. The collaboration of companies will bear the new name Square Enix, as both companies currently dominate the Japanese role playing market. Accordingly, Enix has sold 2.75 million games last year and Square sold 4.37 million.
Interestingly, both Square's Final Fantasy X-2 and Enix's Star Ocean 3 are scheduled to be released March 2003. No information has been given concerning whether this new announcement will affect the release dates of either title. Stay tuned to PSX Extreme, as we will update you with all the latest information.
11/25/2002 Matt Stensrud