Acquisition Could Cost North of $200 Million
Sega could soon have more IP in its portfolio. That’s if their parent company successfully bids on video game developer Atlus, which a report from Bloomberg Japan and relayed in English by Dualshockers suggests.
Atlus’s parent company, Index Corporation, recently filed for the Japanese equivalent of bankruptcy, and Atlus is being auctioned as a result. According to the report, Sega Sammy Holdings is one among twenty interested bidders. Originally valued at $150 million, the bidding now looks to have eclipsed 20 billion yen, or a hair over $200 million.
Atlus is behind the publication of dozens of titles, and has numerous IP to speak of as a developer, including Persona, Catherine, and Shin Megami Tensei. But given Sega’s arguably poor treatment of even its prized franchises of late, some fans are concerned about what an acquisition by the mothership could mean. Furthermore, Sega Sammy acquired Relic for $26.6 million earlier this month, and the consumer business division turned only a $400,000 profit this past quarter.
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