NEWS - Wednesday, September 18, 2013
Sega purchases parent company Atlus...and there was much rejoicing
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.
Source: http://www.shacknews.com
