S&S News: Sega confirms Atlus Buyout for ¥14 billion, deal set for Nov 1

Sega Sammy Holdings has acquired Index Corporation, the parent company of Shin Megami Tensei developer Atlus. It is now called Sega Dream Corporation.

Eurogamer reports that as of September 5, the part of Atlus parent company Index acquired by Sega is now called Sega Dream Corporation. The deal will be finalised on November 1. A Sega press release on the matter reads:

“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 and (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.”