18 Feb
Sega has announced that it will divide game developer Atlus and its parent company Index Corporation into two separate companies. Sega acquired Index Corporation in September last year in a deal that was reportedly cost $140 million. As of April 1st Index will become two companies: Atlus, which will be focusing on game development with […]
03 Aug
According to Bloomberg, around 20 company’s including Sega have shown interest in bidding on the subsidiaries bankrupt developer Index Corporation is reportedly planning to sell. According to sources with knowledge of the matter, Index will pick a list of preferred bidders in the next two weeks and is aiming to reach an agreement by the […]
19 Jul
Last month Atlus parent company Index Corporation filed for civil rehabilitation as they were facing bankruptcy due to a debt of ¥24.5 billion (around $224 million). According to Bloomberg (translation by Mad Man’s Cafe), Index Corporation is planning to sell its subsidiary operations with initial bids beginning as early as next week. The reported reason […]
28 Jun
Index Corporation is currently facing bankruptcy, but ‘Zeno Clash’ publisher Atlus is unaffected by its parent company’s situation