Namco Bandai Games to Absorb Namco Tales Studio
posted on by Egan Loo
Namco Bandai Games (NBGI) announced on Monday that it will absorb Namco Tales Studio, the developer of most of the games in the Tales of franchise. The transaction will take effect on January 1, 2012.
The absorption represents the final step in Namco Bandai Games' integration of the studio that began in the mid-1980s. At the time, it operated under the name Wolf Team within the company Telenet Japan. The studio was renamed as Namco Tales Studio in 2003 after Namco made an investment in it. By 2009, Namco Bandai Games (itself a result of a 2005 merger between Namco and Bandai) had bought out Telenet Japan's shares and owned the studio 100%.
[Via My Game News Flash]
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