The NZA Posted September 18, 2013 Posted September 18, 2013 source Notice is hereby given that SEGA DREAM CORPORATION, which was newly established as a wholly owned subsidiary by SEGA CORPORATION (“SEGA”), a subsidiary of SEGA SAMMY HOLDINGS INC. (the “Company”), has concluded a business transfer agreement with Index Corporation (“Index”) for the purpose of revitalization of the business. Under the agreement, SEGA will take over the operations conducted by Index, the bankrupt company that applied to the Tokyo District Court for the commencement of civil rehabilitation proceedings effective from June 27, 2013 The Company believes that transfer of Index’s operations to SEGA will create synergies, on the grounds that the deal will enable the Company to: (1) gain access to prominent IPs in the home video game software, through which the Company can expect to achieve steady flows of revenue; (2) expect further facilitation of revenue growth for the PC Online Game Business and Content Business for Smart Devices operated by SEGA and SEGA Networks Co., Ltd. by exploiting acquired prominent IPs (3) maximize the value of acquired IPs by effectively deploying them in the Pachislot and Pachinko Machines segment, Amusement Machine Sales and Amusement Center Operations segments. Outline of the business transfer: (1) Details of operations to be transferred The operations conducted by Index including the Digital Game Business (design and development of console games and social games); Contents & Solutions Business (delivery of contents, development of systems, consigned development related to amusement machines, internet advertising, etc.); Amusement Business (development and sales of commercial amusement machines) and related businesses. (2) Assets and liabilities to be transferred Tangible and intangible fixed assets as well as intellectual property assets related to the above operations to be transferred. (These include shares of Atlus Holding, Inc., which is the parent company of Index Digital Media, Inc., as well as Tiger Mob Limited, Index Corp (Thailand) Ltd. and Mobi Town Ltd.) In principle, liabilities including interest-bearing debts will not be taken over. (Note: Index Digital Media Inc is Atlus USA) The deal is said to be valued at 140 million dollars. sony/nintendo not bidding means they shouldn't be exclusive to one system, and given Sega's treatment of Relic & others, i'd say this is far better than Capcom, Namco etc Newt's house: NZA's house: 1 Quote
C_U_SPACECOWBOY Posted September 18, 2013 Posted September 18, 2013 +1 For that Wolverine gif. I lol'ed but good. Quote
The NZA Posted September 19, 2013 Author Posted September 19, 2013 i really cant think of a house that'dve treated them better. less physical releases, but niche RPGs, top-tier localization...like Relic, they're strong where Sega's currently weak. Atlus CEO posted something tonight about how business will continue as usual, so i really don't get all the chicken little shit i see at GAF/elsewhere. then again, there's literally dudes about arguing that sega will just outsource & shit up their properties, so that means Capcom would've been a better fit somehow Quote
Newtype Posted September 19, 2013 Posted September 19, 2013 I'm more worried about Atlus USA. I just glad it wasn't S.E that got them. Quote
The NZA Posted September 19, 2013 Author Posted September 19, 2013 god, everything that survived would've gone mobile Quote
Visitant Posted September 19, 2013 Posted September 19, 2013 I dunno NZA, i think Persona showing up in Kingdom Hearts would be pretty solid. Quote
The NZA Posted September 19, 2013 Author Posted September 19, 2013 as a non mobile games/KH fan, i'm okay with Teddie in the next Sonic All-Star Racing Quote
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