Square Enix buying part of Tecmo?

Balla · 08-29-2008, 09:22 PM

Quote:

It seems Dead Fantasy might just becomes a living reality after all. Square Enix has announced its intention to purchase a majority stake in Tecmo, the Japanese company which recently bid farewell to both its president and most recognizable rockstar developer. As detailed in a press release issued this morning (via IGN), the house that built Final Fantasy (and vice versa) is offering Tecmo shareholders a 30% premium over the company's closing price on August 28th. If successful, the deal would see Tecmo fall under Square Enix Holdings, while retaining its brand and corporate structure.

Yoichi Wada, president of Square Enix, expressed hope that both developers would benefit from the deal, with the RPG maker gaining some inspiration from Tecmo's expertise in the action genre. Presumably, the folks at Tecmo would gain some pointers on in-game cameras in return.

We'll let you know what happens as soon as the suits are done talking.

joystiq.com

Spinoff360 · 08-30-2008, 05:15 PM

Amazing how fast Tecmo is falling apart without Itagaki. I knew it would happen since they are nothing without him but didn't think it would happen so fast.

Balla · 08-30-2008, 05:17 PM

yeah i know,itagaki also said making a ps3 game is easier then making a game for the famicom <.<.. i kind of hope itagaki makes some ps3 exclusive games

Spinoff360 · 08-31-2008, 02:33 AM

Quote:

Originally Posted by Balla
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yeah i know,itagaki also said making a ps3 game is easier then making a game for the famicom <.<.. i kind of hope itagaki makes some ps3 exclusive games

He might have said it is easy to develop for but he has also made it clear that he hates Sony going way back to the PS1 days.

DOA1: Was released first on Saturn but when the Saturn was struggling they released a PS1 cash in.

DOA2: Again started on a Sega console but again the console was struggling and they later did a Sony cash in that actually looked worse despite PS2 have some extra power showing a lack of interest from Itagaki.

DOA3: Xbox exclusive.

DOAU: Xbox exclusive and the version of DOA that was included was the Saturn version because Itagaki didn't want to include the PS1 version which he considers inferior.

DOA4: 360 exclusive.

DOAX: Xbox exclusive.

DOAX2: 360 exclusive.

NG: Had two versions released on Xbox before Sony finally got a version that Itagaki passed off on another team and later basically called a piece of shit.

NG2: 360 Exclusive

NGDS: Finally made a handheld game and picked the DS. When asked if he would make a PSP game he just laughed at the thought.

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So unless Sony are tossing an insane sum of money his way I think he will stick to 360 and will either end up forming his own development studio that will have a publishing agreement with Microsoft similar to Mistwalker or he will finally join Sega who he always wanted to work for but picked Tecmo because it was closer to his home. Kind of hoping he goes to Sega and then does what he did for Ninja Gaiden to Shinobi.

Balla · 08-31-2008, 02:38 PM

Quote:

Originally Posted by Spinoff360
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He might have said it is easy to develop for but he has also made it clear that he hates Sony going way back to the PS1 days.

DOA1: Was released first on Saturn but when the Saturn was struggling they released a PS1 cash in.

DOA2: Again started on a Sega console but again the console was struggling and they later did a Sony cash in that actually looked worse despite PS2 have some extra power showing a lack of interest from Itagaki.

DOA3: Xbox exclusive.

DOAU: Xbox exclusive and the version of DOA that was included was the Saturn version because Itagaki didn't want to include the PS1 version which he considers inferior.

DOA4: 360 exclusive.

DOAX: Xbox exclusive.

DOAX2: 360 exclusive.

NG: Had two versions released on Xbox before Sony finally got a version that Itagaki passed off on another team and later basically called a piece of shit.

NG2: 360 Exclusive

NGDS: Finally made a handheld game and picked the DS. When asked if he would make a PSP game he just laughed at the thought.

-------------------

So unless Sony are tossing an insane sum of money his way I think he will stick to 360 and will either end up forming his own development studio that will have a publishing agreement with Microsoft similar to Mistwalker or he will finally join Sega who he always wanted to work for but picked Tecmo because it was closer to his home. Kind of hoping he goes to Sega and then does what he did for Ninja Gaiden to Shinobi.

make it difficult as all fuck? man i got raped in NG2, dude does make great games though

Square Enix buying part of Tecmo?

This is a discussion on Square Enix buying part of Tecmo? within the Video Games & Electronics forums, part of the Non Wrestling Forums category; It seems Dead Fantasy might just becomes a living reality after all. Square Enix has announced its intention to purchase ...