DeviantArt Should Be An Interesting Sight Next Week: Sega Sammy Buys Index...

DeviantArt Should Be An Interesting Sight Next Week: Sega Sammy Buys Index Corp/Atlus

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WE CALLED IT. Well, kinda. After much speculation and months of nail-biting from the weeaboo crowd, Sega Sammy Holdings announced yesterday that they are purchasing Index Corp (or, to be more real, the only part of the conglomerate that actually makes money: Atlus) for 14 billion yen (roughly $140 million). Looks like that pachinko money is serving ’em well…

Details are a little vague at the moment, but it appears that the transition will begin this November and will involve a complete restructuring of the company, natch. Index Corp has been in a little bit of hot water lately, facing allegations of fraud and having to file for bankruptcy earlier in the year. And because things go full-circle in this industry, it should be noted that Atlus GM Mitsuhiro Tanaka was a former executive of (what was then known as) Sammy Studios, Inc.; hence the educated guess. So scandalous incestuous.

  • mrslash

    Great, now they’re going to kill off more good games.

    RIP Valkyria Chronicles.

    :>

    • lellll.

      at least bring out P5 first then we can all go home.

  • Makoy Marquez

    Is that Project Diva, in a persona-like interface?