If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Square Enix offers to buy Tecmo

But won't push it if the answer's no.

Square Enix has said it hopes to acquire a majority stake in fellow Japanese game developer Tecmo.

The Final Fantasy giant has offered to buy Tecmo shares at 920 yen apiece (GBP 4.61 / EUR 5.72), representing a 30 per cent premium over the 28th August closing price. Reuters reckons the deal will be worth "at least USD 102 million" (GBP 55.8m / EUR 69.1m).

However, Square Enix is a compassionate consumer, and has said that while it hopes for a favourable response from the Tecmo board on 4th September, it will back off if the company isn't interested.

Should it be successful, Square Enix hopes to incorporate Tecmo in much the same way it has Taito, allowing the original brand and organisation to continue under a Squenix umbrella company.

Apparently Square Enix is attracted to Tecmo because of its ability to produce games with worldwide appeal like Ninja Gaiden and Dead or Alive.

Square Enix also pointed out that Tecmo could do with a helping hand at the moment after the company's recent troubles - most notably the departure of Team Ninja producer Tomonobu Itagaki and the resignation last week of president Yoshimi Yasuda, who Itagaki really didn't like.

From Assassin's Creed to Zoo Tycoon, we welcome all gamers

Eurogamer welcomes videogamers of all types, so sign in and join our community!

In this article
Follow a topic and we'll email you when we write an article about it.

Dead or Alive 4

Xbox 360

Dead or Alive: Xtreme 2

Xbox 360

See 1 more

Ninja Gaiden 2

Xbox 360

Related topics
About the Author
Tom Bramwell avatar

Tom Bramwell


Tom worked at Eurogamer from early 2000 to late 2014, including seven years as Editor-in-Chief.