RPGFan


Square Enix Acquires Taito
08.22.05 - 12:46 PM

Square Enix today announced its intention to acquire at least 247,900 Taito shares worth 45.16 billion yen (409.10 million USD), thereby making Taito a subsidiary. Kyoto-based electronics maker Kyocera, which holds a 36.02% stake in Taito, has already approved Square Enix's takeover bid. Both companies want to profit from their existing overseas businesses: While Square Enix has a strong presence on the North American market, Taito is stronger positioned in the European market. The acquisition of Taito will also mean Square Enix's entrance into the arcade sector.

While Taito is best known for its amusement and arcade facilities, the company recently signed a publishing agreement with Nihon Falcom, under which it has released PlayStation 2 remakes of Ys III, IV, V and Zwei in Japan. In September, the company will release a PlayStation 2 remake of Langrisser III in Japan.



Back
Chris Winkler





Coming Up on Twitch

Final Fantasy XIV: Patch 3.5
Sunday, Jan. 15 • 10am PST/1pm EST

Final Fantasy XV
Every Monday (Starts Jan. 30) • 5pm PST/8pm EST

Shining Force
Every Tuesday • 11am PST/2pm EST

Final Fantasy V
Every Wednesday • 5pm PST/8pm EST

Valkyria Chronicles
Every Thursday • 5pm PST/8pm EST

Suikoden V
Every Friday • 5pm PST/8pm EST

Featured Content
Piano Collections: Chrono Trigger Review
Piano Collections: Chrono Trigger
Review
Steins;Gate 0 Review
Steins;Gate 0
Review
Rhythm Encounter Interlude 2
Rhythm Encounter Interlude 2
Podcast
Ray Chase Interview
Ray Chase
Interview
Retro Encounter 22: Rogue Legacy
Retro Encounter 22: Rogue Legacy
Podcast
Atelier Shallie Plus: Alchemists of the Dusk Sea Review
Atelier Shallie Plus: Alchemists of the Dusk Sea
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter