Square Enix proposes Tecmo buyout

by Ludwig Kietzmann { Aug 29th 2008 at 11:30AM }

It seems Dead Fantasy might just becomes a living reality after all. Square Enix has announced its intention to purchase a majority stake in Tecmo, the Japanese company which recently bid farewell to both its president and most recognizable rockstar developer. As detailed in a press release issued this morning (via IGN), the house that built Final Fantasy (and vice versa) is offering Tecmo shareholders a 30% premium over the company's closing price on August 28th. If successful, the deal would see Tecmo fall under Square Enix Holdings, while retaining its brand and corporate structure.

Yoichi Wada, president of Square Enix, expressed hope that both developers would benefit from the deal, with the RPG maker gaining some inspiration from Tecmo's expertise in the action genre. Presumably, the folks at Tecmo would gain some pointers on in-game cameras in return.

We'll let you know what happens as soon as the suits are done talking.

Tags: BreakingNews, Buyout, Final-Fantasy, Ninja-Gaiden, Square-Enix, Team-Ninja, Tecmo

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Reader Comments (Page 1 of 1)

redjack @ Aug 29th 2008 11:36AM

So can't wait for Final Dragon Ninja Gaiden Fantasy Quest!

Pointz @ Aug 29th 2008 5:00PM

Imagine if this was a merger, Square EMO. Ican hear the Nomura trolls already.

Dirty @ Aug 29th 2008 11:38AM

Final Fantasy Bowl!??

its sad that all I can think when it comes to Tecmo is Tecmo bowl.

jcmschwa @ Aug 29th 2008 1:33PM

it's the first thing i think of too. ha

LaughingTarget @ Aug 29th 2008 4:04PM

Bill Bellicheck casts Spy on Jets - backfires, fined $500,000.

Tom Brady casts Passaga on Randy Moss, damages San Diego for 23 yards can causes status ailment First Down.

I don't know, I think that would be seriously awesome to play.

Sora @ Aug 29th 2008 5:05PM

Hey, it could be like that random soccer ripoff minigame from FF10 that I can't remember.

acefondu @ Aug 29th 2008 11:40AM

Yay Square can stop making lame fighting games now when they do once every six or so years. I'm looking at you Dissidia.

Wiinterfang @ Aug 29th 2008 11:43AM

Remakes galore!!!

Psaakyrn @ Aug 29th 2008 11:45AM

Ehrgeiz wasn't that bad, was it? (then again, it wasn't directly from Square...)

Boom! @ Aug 29th 2008 11:41AM

One word comes to mind: Tifa.

j.howlett @ Aug 29th 2008 11:51AM

that brings two things to mind

Zertoss @ Aug 29th 2008 12:17PM

With Tecmo's physics, they could get some nasty centrifugal force going on her kicks.

Maverick Saturn @ Aug 29th 2008 12:23PM

Lol, you'll spend more time in the next FF7 staring at Tifa's boobs then actaully carrying out the adventure at hand. Then when it switches over to cloud, people will cry.

jimmygotsmack @ Aug 29th 2008 2:29PM

Is that before or after he starts cutting himself with ninja gaiden levels of BLOOD!!!

Josh @ Aug 29th 2008 4:33PM

Yeah, Tifa's such a guy, you know?

ulovemikeroch @ Aug 29th 2008 4:51PM

I think Centripetal force would fit better in that scenario.

jimmygotsmack @ Aug 29th 2008 8:57PM

What makes her manish, is it the gaint breast, or the breast, I couldn't get by the breast.

McWeen @ Aug 29th 2008 11:43AM

As long as the result is another Deception or Deception styled game I don't care.

Nigeria @ Aug 29th 2008 11:48AM

Ninja Hearts: Revenge of the Shitty Camera

Wiinterfang @ Aug 29th 2008 11:51AM

Nigeria you have make my day.

+1 for you sexy one.

Johnny @ Aug 29th 2008 11:49AM

Maybe now we can get new Ninja Gaiden game with a plot that doesn't smell like a bad B-movie.

atrimus @ Aug 29th 2008 1:23PM

agreed. or an rpg where the main character doesn't look like Meg Ryan or some French female model. but i'm not holding my breath. i'm sure Squenix will have more of an effect on Temco's franchises than the other way around.

Batzarro @ Aug 29th 2008 12:08PM

Don't do it, Square Enix! Your name can't take anymore companies in there!

Wiinterfang @ Aug 29th 2008 12:11PM

Tecmo Squarenix

I does fits.

Zertoss @ Aug 29th 2008 12:15PM

So where does Taito fit in there?

atrimus @ Aug 29th 2008 1:15PM

Squemoaito? *shrugs*

Pointz @ Aug 29th 2008 5:08PM

Dear Idiots/Or to whom it may concernthis is not a merger, but is an acquisition. EA do this all the time and they aren't called Electronic Bio-CriterionWare Red-BlackBoxWood maybe Valve nearly take two Arts now are they?

Sora @ Aug 29th 2008 6:26PM

Squaitomo Enix.

Mr Khan @ Aug 29th 2008 12:09PM

I wonder what effect this would have on Fatal Frame IV

Maverick Saturn @ Aug 29th 2008 12:24PM

Bigger breasts?

Wiinterfang @ Aug 29th 2008 12:38PM

Just give a headband to an emo and you are going to have the new Ryu.

Pointz @ Aug 29th 2008 5:12PM

Fatal Fantasy of course.But seriously Nintendo are at the publishing helm for that one with GrassHopper doing development.

NaeemTHM @ Aug 29th 2008 12:12PM

See Tecmo, this is what happens when you mess with the man-god Itagaki. Your company FAILS.

Hopefully Square will make quality games out of Tecmos franchise's.

Personally I only care about Ninja Gaiden and will happily pay anything Sqaure wants for Ninja Gaiden 1-3 remakes (when they no doubt decide to whore it out) and a NG RPG.

I suspect the next NG game will star a Ryu that looks like this:

http://i210.photobucket.com/albums/bb206/koragg200/Anime/Naruto/kakashi-anbu.jpg

Only 70% more feminine looking and 3000% more emo.

"Ninja's killed my dad....but it's too rainy to do anything about it ///__O"

Maverick Saturn @ Aug 29th 2008 12:19PM

Loving Hyabusa's new look :D

jimmygotsmack @ Aug 29th 2008 2:33PM

*slow claps* Bravo

You sir, have won.

Josh @ Aug 29th 2008 4:35PM

Dude, that would be so awesome.

Kakashi Gaiden.

Oh wait, they already have that...

Wiinterfang @ Aug 29th 2008 12:41PM

Expect Sephiroth on the new Dead or Alive game.

Maverick Saturn @ Aug 29th 2008 12:44PM

Well that sucks....I was hoping Sephiroth would replace Hyabusa in Ninja Gaiden :(

Batzarro @ Aug 29th 2008 3:29PM

Big bouncing breasts for Sephiroth!

Sephiroth's a girl, right?

cuso26 @ Aug 29th 2008 12:53PM

Squeenixmo!

ZippyDSMlee @ Aug 29th 2008 1:19PM

So we get a soul cab game with bouncing FF breasts in it.... and there was mush rejoicing......

Alzheimers @ Aug 29th 2008 1:47PM

Woo, will we finally see a FF-Rygar crossover?

J.Goodwin @ Aug 29th 2008 1:57PM

How appropriate, a game company that lost all their top talent and has been issuing nothing but rehashes of old games buying a game company that has lost all their top talent and has a large catalogue of old games to reissue.

Josh @ Aug 29th 2008 4:36PM

Fail, you fail.

Crazy negative people...

XDragon @ Aug 29th 2008 4:12PM

If this happens, Dead or Alive would be the 1st good fighting game under their umbrella and I could see square-enix characters being included! Golbez VS Actraiser God, Sephiroth VS Ryu and more importantly Helena VS Tifa!
NES Ninja Gaiden remakes will show up on the DS and something cool that may come of it is a Ninja Gaiden RPG!
Its an interesting combination because Tecmo isn't really an RPG company so it makes Square-Enix a bit more diverse by adding fighing and action games.
Ok so who's buying Treasure so we can get the next greatest shooter on the PS3/360/Wii; I'm actually surprised S-E hasn't eaten up the Working Designs IPs!