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Sega among Atlus bidders - report

Sega among Atlus bidders - report

Mon 05 Aug 2013 9:11am GMT / 5:11am EDT / 2:11am PDT
PublisherDeveloper

Around 20 companies interested in buying Japanese dev from Index Corporation

Sega Sammy Holdings is in a group of companies thought to be interested in bidding for the Japanese publisher and developer Atlus.

According to a report from Bloomberg Japan - translated by Gematsu - sources with knowledge of the proceedings have claimed that Sega is one of around 20 companies interested in bidding for Atlus. So far, the bid has reached 20 billion ($203 million), which is far higher than the 15 billion initially expected by Atlus's parent-company, the Index Corporation.

Index filed for bankruptcy in June after a string of bad investments and acquisitions. However, Atlus is one of the company's few profitable subsidiaries, and the opportunity to buy has proved attractive.

Bloomberg's sources have said that the pool of candidates will be reduced by next week, with a view to completing the deal by the end of the month.

6 Comments

Yiannis Koumoutzelis
Founder & Creative Director

358 187 0.5
Nintendo should buy them no matter the cost!

Posted:11 months ago

#1

Stephan Schwabe
Multichannelmanagement

70 31 0.4
Yiannis your right, that was my first thought to.

Posted:11 months ago

#2

John Bye
Senior Game Designer

478 443 0.9
Can you really imagine Nintendo publishing a game like Catherine?

Posted:11 months ago

#3

Jim Webb
Executive Editor/Community Director

2,232 2,161 1.0
John, they did recently publish Ninja Gaiden 3: Razor's Edge and will be publishing Bayonetta 2. So while it may seem odd at first, it's not beyond them.

However, I still don't see them making a bid simply because Atlus is a publisher. Atlus has a lot of duties that Nintendo would have to make redundant (how often do you see Nintendo firing people?) and the fact that they'd have to maintain some support and publishing duties for some projects currently in development or just released on other systems probably isn't very appealing to them.

I think this would be a perfect buy for Namco Bandai.

Posted:11 months ago

#4

Greg Wilcox
Creator, Destroy All Fanboys!

2,131 1,038 0.5
I'd NOT want Nintendo to buy them because we'd only see 3DS games on the way (and maybe a handful of Wii U titles), which is fine if you only have a 3DS or ONLY play on Nintendo systems. Atlus games deserve a publisher who can get their games out on different platforms and if possible, introduce a new crowd to some of their more popular franchises. I can't see some of the Shin Megami Tensei games NOT appearing on a Sony system in the future...

As usual, we'll see... Not sure Sega is the one to be in the works, as they have their own issues to deal with...

@John Bye: Well, Eternal Darkness and the flawed shooter/adventure game Geist were about as "non-Nintendo" as you could get back in the day, so sure... I could see Nintendo publishing Catherine IF it were on a Nintendo console. They'd just market it differently (as in NOT during a kid's cartoon show, obviously)...

Posted:11 months ago

#5

Greg Wilcox
Creator, Destroy All Fanboys!

2,131 1,038 0.5
Welp: Sega/Sammy won the lottery, it would seem. Ruh-Roh? We'll see:

http://www.destructoid.com/sega-buying-atlus-parent-company-index-262028.phtml

Posted:10 months ago

#6

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