Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 19, 2019
arrowPress Releases
If you enjoy reading this site, you might also want to check out these UBM Tech sites:

Koei, Tecmo Merger Finalized Under $207 Million Deal

Koei, Tecmo Merger Finalized Under $207 Million Deal

November 18, 2008 | By Eric Caoili

November 18, 2008 | By Eric Caoili
    Post A Comment
More: Console/PC

Publisher and developer Koei (Dynasty Warriors)'s merger with Tecmo (Ninja Gaiden) to create a holding company will be official beginning in April 2009, in a stock deal valued at 20 billion ($207.7 million).

The two companies, which formed a joint committee to develop an integration plan two months ago, intend to merge their operations under a holding company starting April 2009.

The holding firm is expected to generate over •70 billion ($727 million) in sales and reach a •16 billion ($166.2 million) operating profit in the year ending March 2012, according to a report from Reuters.

To compare, in the business year ending March 2008 for Koei and December 2007 for Tecmo, the two companies' combined revenue totaled to •41.2 billion ($427.9 million), with a combined operating profit of •8.5 billion ($88.3 million).

Previous to the announced merger, Square Enix revealed its own bid to acquire Tecmo with a buyout valued at $206 million dollars in August. But Tecmo later revealed that it was working on a detailed merger plan with Koei.

According to Tecmo, the merger with Koei will give the company a better shot at "boosting corporate value," even though the proposed merger would create a company only a third Square Enix's size.

Related Jobs

uTest — n/a, California, United States

App Tester
Insomniac Games
Insomniac Games — Burbank, California, United States

Lead Material Artist
Yacht Club Games
Yacht Club Games — Marina del Rey, California, United States

Marketing / Community Manager
Behaviour Interactive
Behaviour Interactive — Montreal, Quebec, Canada

Senior Game Designer

Loading Comments

loader image