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Sega among Atlus bidders - report

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.

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Latest comments (6)

Yiannis Koumoutzelis Founder & Creative Director, Neriad Games3 years ago
Nintendo should buy them no matter the cost!
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Stephan Schwabe Multichannelmanagement, Telefonica3 years ago
Yiannis your right, that was my first thought to.
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John Bye Lead Designer, Future Games of London3 years ago
Can you really imagine Nintendo publishing a game like Catherine?
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Jim Webb Executive Editor/Community Director, E-mpire Ltd. Co.3 years ago
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.
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Greg Wilcox Creator, Destroy All Fanboys! 3 years ago
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)...
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Greg Wilcox Creator, Destroy All Fanboys! 3 years ago
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
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