Sep
4
2008

Tecmo to Square-Enix… “Oh, HELL no.”

posted by nikki at 10:26 am.

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So, remember last week when Square-Enix made an offer to Tecmo for a “friendly takeover”? Yeah, turns out Tecmo wasn’t too impressed with it. They had until today to accept the offer, and Tecmo replied with a “friendly rejection”.

Instead, Tecmo has gone into talks with Koei (the people who brought you Dynasty Warriors) for a merger.

Is it me, or does this seem like the gaming industry equivalent of flipping Square-Enix the bird? I can certainly see Tecmo’s logic. Square-Enix is huge… a takeover would in all likelihood significantly dilute the Tecmo brand. Tecmo and Koei, on the other hand, are on much more equal footing, and are talking merger rather than a buy-out.

Nikki Blight: is still trying to find that damn princess... when she's not writing fresh code for the217.com.

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