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Square Enix Plans To Take Over Tecmo

Today at 1pm Japan Time, Square Enix will be outlining its plans for a friendly takeover troubled game maker Tecmo. Square Enix's takeover would help the company gain a stronger foothold in the U.S. market with popular Tecmo titles like the Ninja Gaiden and Dead or Alive games. What's more, Tecmo's games will help strengthen Square Enix's current portfolio, which is heavily dependent on RPGs.

This isn't the first time Square Enix has moved in on a beleaguered company. In August 2005, Square Enix acquired Taito and wholly owned the company as a subsidiary by September 2005.

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FantasyStar3764d ago

whoa......ummm...I dunno what to say.

morganfell3764d ago

You can start by sating Ninja Gaiden is Multiplatform from now on.

INehalemEXI3764d ago (Edited 3764d ago )

I know exactly what to say ^^^^^ For those that never seen it, its a couple vids made by Monty Oum. DOA girls vs FF girls with excellent choreography.

http://www.youtube.com/watc... <- Oum may have just attained Prophet status... The Dead Fantasy Scrolls lol.

Oum is genius Tifa Drunken Master style downing pots....pure genius.

TheColbertinator3764d ago

Nice vids Demonstalker.Bubble +3000

Overr8ed3764d ago

wow, this is weird but i like the move.

Gamekilla3764d ago

enix was quite small and they are now square enix...will they now be square enix tecmo?

ninja gaiden multiplatform not guaranteed considering the vast amount of 360 exclusives SE is spewing out to decent but not great reviews...

morganfell3764d ago (Edited 3764d ago )

All the more reason for them to go Multiplatform. A title that is single platform and is under performing doesn't get left on that same platform alone on which it is under performing. The first thought is, "Time to shake things up" You can bet Sony will be doing the full court press.

You especially don't avoid the platform that has been shown to produce a very sleek version and also happens to be the platform growing worldwide at a much faster pace than the original hardware.

Fox013764d ago

Microsoft's so dumb, they should have bought the company, or atleast hire Itagaki.

sumfood4u3764d ago

Trapt was a Bad A$$ game for the PS2 video proof!

Bnet3433764d ago

Doesn't matter, Tecmo is pretty much souless without Team Ninja so I don't know what SE hopes t get from this. What Fatal Frame? for Wii? Uh huh, ok ... have fun with that. :P

+ Show (6) more repliesLast reply 3764d ago
facepalm3764d ago

Here's what playing in my head right now:
"We are "Square-Enix" resistance is futile..."

Overr8ed3764d ago

all your base belongs to us.

deeznuts3764d ago

"all your base are belong to us"

TFIFY. your version wasn't fobby enough.

3764d ago
IzKyD13313764d ago (Edited 3764d ago )

why?
square's a pretty big company, but Im pretty sure their currently not rolling on cash....wouldn't it be smarter to put that money into new projects and not spend it all on a failing company that lost alot of employees?

Rock Bottom3764d ago

Crisis Core: Final Fantasy VII (1.60m)
Final Fantasy IV DS (0.78m)
Final Fantasy XII: Revenant Wings (1.15m)
The World Ends With You (0.25m)
Final Fantasy Crystal Chronicles: Ring of Fates (0.62m)
Final Fantasy III (2.22m)
Final Fantasy Tactics: The Lion War (0.63m)
Dragon Quest V DS (1.10m)
Dragon Quest Monsters: Joker (1.91m)
Final Fantasy Tactics A2 (0.48m)
Final Fantasy PSP (0.28m)
Dragon Quest IV: Chapters of the Chosen (1.28m)
And the lest goes on...

Almost every SE game is a hit, they're the "EA" of japan.

orakga3764d ago

Tecmo, regardless of its current financial status, still carries a powerful brand image in the industry. And with its current situation, this is a great time to pick them up at a cheap price. So it's a pretty smart and timely corporate move.

HOWEVER, as a consumer, I'm a little shocked by this. The Square-Enix, Sammy-Sega, Bandai-Namco all sorta made sense to me, but this one... somehow throws me off for some reason. It feels kind weird... kinda of EA-ish, if you will.

Oh well... I guess it was meant to happen eventually, but I see more and more Japanese companies become investor-driven corporations rather than entertainment companies.

/cry?

Ogrekiller3764d ago

KH3- now with ultimate techniques!