Sega buys owner of Persona developer Atlus

In acquiring Index Corporation, Sega says it will “gain access to prominent IPs” and that it can “expect to achieve steady flows of revenue.”

 

Sega has acquired bankrupted publisher Index Corporation, the owner of Persona and Shin Megami Tensei developer Atlus.

Announcing the deal, Sega said it will “gain access to prominent IPs” and “can expect to achieve steady flows of revenue.”

Alongside developing games, Sega added that it would be able to maximise the value of its acquisition by “effectively deploying” its new IPs across its Pachislot and Pachinko Machines, Amusement Machine Sales, and Amusement Center Operations divisions.

Atlus was purchased by the Sega Dream Corporation, which the publisher established on September 5.

Bloomberg reported that the deal could be valued at ¥14 billion (approximately £88 million/$141 million)

Index declared bankruptcy at the end of June, with ¥24.5 billion yen of debt.

Sega’s buyout of Index is expected to be concluded by November 1.

Read and Post Comments | Get the full article at GameSpot


Sega buys owner of Persona developer Atlus” was posted by Martin Gaston on Wed, 18 Sep 2013 01:45:53 -0700
Filed under: Video Games

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