Interest Tenchu Developer to Become Subsidiary of GungHo Online
posted on 2011-10-19 05:30 EDT by Egan Loo
The game company GungHo Online Entertainment announced on Wednesday that it is buying the game developer Acquire and turning it into a subsidiary. GungHo Online is buying Aeria's 50.1% stake in Acquire by purchasing Aeria's 666 shares for 250 million yen (about US$3.3 million). GungHo Online explained that the acquisition will increases its ability to develop for the expanding social game and smartphone app markets.
GungHo Online administers the Ragnarok Online MMORPG and Toy Wars online shooter game in Japan, and it co-produced the Ragnarok anime spinoff. Its other net offerings include Grandia Online and Emil Chronicle Online as well as the defunct Saiyuki Reload Gunlock and Hokuto no Ken Online (Fist of the North Star Online) games.
Founded in 1994, Acquire is best known for creating the Tenchu, Samuraidō (Way of the Samurai), and Shinobido game franchises. It also distributed the Class of Heroes role-playing games and more recently sold the Akiba's Trip game about vampires roaming Tokyo's otaku shopping district of Akihabara.
[Via My Game News Flash]