Today, Square Enix will offer a bid for besieged developer, Tecmo.Kotakuis reporting that Square Enix is offering to buy shares at a 30 percent premium, and Tecmo has until September 4th to respond to the offer. If Tecmo chooses to decline Square Enix will peacefully withdraw the offer and go cry in a corner.
The acquisition would be a much more pleasant experience than what we have been experiencing in the U.S. between Electronic Arts and Take-Two Interactive, where public bashings have been a staple. Unlike Take-Two, Tecmo doesn’t have much of a leg to stand on after the loss of renowned developerItagakiandpresident Yoshimi Yasuda.
I think at this point Square Enix is trying to get boobs, and I’m fine with that. Very rarely am I impressed with anything Square Enix does outside of their RPG niche and certainly having the developer responsible forDead or Alive,Fatal Frame,Ninja Gaiden, andBad News Baseballwill help fatten a slim portfolio. I find myself asking why this deal wouldn’t go through, and I can’t find any reasons. Instead, I’ll just privately hope forDead or Alive Fantasy VII.
