Sega purchases Atlus parent company Index for $141 million
Sega has reportedly purchased Index Corporation, parent company of publisher Atlus, for 14 billion yen ($141 million).
Sega has reportedly purchased Index Corporation, parent company of publisher Atlus. According to a report from Japan's Nikkei (via Kotaku), Sega will formally take managing control of Index for 14 billion yen ($141 million).
The news comes months after Index had filed for Civil Rehabilitation with a Tokyo District Court. The company's debt at that time hovered around $24.5 billion yen (approximately $249.7 million).
Atlus is known for publishing the Persona series, the Shin Megami Tensei series, Catherine, and dozens of other titles. They most recently announced that they would be publishing the crowdfunded Tesla Effect: A Tex Murphy Adventure.
Sega's purchase of Index comes almost nine months after the publisher acquired Relic Entertainment from THQ.
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Ozzie Mejia posted a new article, Sega purchases Atlus parent company Index for $141 million.
Sega has reported purchased Index Corporation, parent company of publisher Atlus, for 14 billion yen ($141 million). This story is developing.-
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I've often thought that Nintendo should buy Sega's IP's, specifically Sonic and let Sega be a publisher. Hell, Sonic spends more time in Nintendoland than anywhere else. I also thought that Nintendo should buy Platinum Games, because they make the kind of high octane action games that Nintendo just doesn't do.
But, like anything with Nintendo, they are ULTRA cautious and conservative. I think this hurts them in the long haul.
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I'm okay with this. Remember 2011, when Sega said that their four pillars were Total War, Football Manager, Sonic the Hedgehog, and Aliens? Yeah, things changed since then, and Atlus brings in some nice new IPs, and some of the best writing staff in the industry. The indie publisher aspect is sort of gone, but now the Persona franchise has a bit more financial stability behind it