According to various sources, Jaleco is leaving the game business, and has sold all game-related assets to online game purveyor Game Yarou for one yen, assuming the latter company will absorb all the former's debt as well.
Jaleco did lots of neat things, and hopefully won't die out as the result of this transition, but Brandon is guessing it'll exist more as a back catalog now. Games like Suchie Pai, Choplifter, P-47, Irritating Stick, and even Punky Skunk shouldn't get brushed to the side. Curiously, Puchi Puchi Virus, slated for release by NIS America in the U.S. has still not seen the light of day. Will the relationship be further complicated by Jaleco's psuedo-demise, or will it live on? Another legendary company down the toilet.