Sections

Colopl acquires Steins;Gate developer Mages for $15 million

Studio will become a wholly owned subsidiary after mobile firm purchases all shares

Colopl has acquired Japanese developer Mages for ¥1.6 billion ($14.92 million).

The studio is best known for its visual novels, including the Steins;Gate series, which has since been adapted into an animated series with a live-action show on the way.

The acquisition was announced during a Colopl board of directors meeting, according to documents translated by Gematsu.

It will see Colopl purchase all 260 shares in Mages from current stakeholder Chiyomaru Studio, making the studio a wholly-owned subsidiary.

Colopl is a mobile entertainment business, and adds Mages IP ot its portfolio in the hopes of improving its position in the competitive mobile market.

Eight months ago, Mages broke off from its former parent, the Kadokawa Group, to become independent.

More stories

Facebook finally launches Facebook Gaming on iOS -- without Instant Games

Platform condemns Apple's strict approval process, saying it "severely hamstrings innovation on mobile"

By Rebekah Valentine

Aeon Must Die dev Limestone Games faces accusations of "endless crunch" and IP theft

Update: Publisher Focus Home Interactive is "carefully looking into" allegations

By James Batchelor

Latest comments

Sign in to contribute

Need an account? Register now.