Exclusive: Jaleco Not Closing, Preps Kizuna For Wii Release

Jaleco Limited officials in Tokyo have confirmed to Gamasutra its plans to continue in the video game business, following financial firm Jaleco Holdings' sale of its stake in video game subsidiary Jaleco Limited to Game Yarou in January of this year.

Due to the parent and subsidiary companies using the same "Jaleco" title -- known for '80s- and '90s-era games like Bases Loaded and Totally Rad -- confusion arose in numerous press reports.

Many outlets noted that Jaleco Limited was discontinuing business operations under the new GameYarou ownership, referring to a press release from January.

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