By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Gaming Discussion - Square Enix May Acquire Another Company, says Wada

http://www.gamedaily.com/articles/news/square-enix-may-acquire-another-company-says-wada/?biz=1

Speaking to the Financial Times, Square Enix President Yoichi Wada said that this purchase may not be the Japanse publishing giant's last.

"The combination of Eidos and Square Enix gives us a good platform from which to expand," said Wada. "In that process, we might decide to acquire another company."

Any further acquisitions by Square Enix would be at least partially motivated by a perceived need to reinvigorate the Japanese gaming industry. "In the last five to 10 years, the Japanese games industry has become a closed environment, with no new people coming in, no new ideas, almost xenophobic. It is now slightly behind western counterparts," said Wada. "The lag with the U.S. is very clear. The U.S. games industry was not good in the past but it has now attracted people from the computer [industry] and from Hollywood, which has led to strong growth."

Wada, who helped Square Enix recover from its financial list in 2000, is expected to help guide Eidos' cash flow. However, he admits that he'll have to balance concerns of both fiscal responsibility and keeping key talent happy. "It is always difficult to manage creatives anywhere in the world. We want to cherish the Eidos studio culture but change it where it is necessary," noted Wada.

 

 



 

 

Around the Network

interesting, wonder what company they have their eyes on?



GAMERTAG IS ANIMEHEAVEN X23

PSN ID IS : ANIMEREALM 

PROUD MEMBER OF THE RPG FAN CLUB THREAD

ALL-TIME FAVORITE JRPG IS : LOST ODYSSEY

http://gamrconnect.vgchartz.com/thread.php?id=52882&page=1

One wonders where SE are getting all this money to throw around buying other companies... I mean their latest games have hardly set the world on fire and would likely have barely broken even... Then again they do have their FF money to fall back on i guess!

Here's hoping this expansion will result in better quality games to be made and not rushed! Then again i think FF is going down the shitter in becoming too 'westernised'



Nice to see someone has money to burn...but seriously why?



PS One/2/p/3slim/Vita owner. I survived the Apocalyps3/Collaps3 and all I got was this lousy signature.


Xbox One: What are you doing Dave?

Squall_Leonhart said:
One wonders where SE are getting all this money to throw around buying other companies... I mean their latest games have hardly set the world on fire and would likely have barely broken even... Then again they do have their FF money to fall back on i guess!

Here's hoping this expansion will result in better quality games to be made and not rushed! Then again i think FF is going down the shitter in becoming too 'westernised'

 

Remakes and rereleases.  Look at the sales of the DQ and FF titles on the DS.  Then look at FFVII: ACC, which sold over 400k at $50+ USD per copy in its very first week.



Around the Network

More power to them I guess.



Proud member of the Mega Mario Movement

My Most Wanted Games: StarCraft II, Diablo III, Next console Zelda, and Final Fantasy VII remake.

   

 

 

Ok.... but why? Can't just improve the studios you got from Eidos?



4 ≈ One

Be wary Atlus and Nippon Ichi.



"We'll toss the dice however they fall,
And snuggle the girls be they short or tall,
Then follow young Mat whenever he calls,
To dance with Jak o' the Shadows."

Check out MyAnimeList and my Game Collection. Owner of the 5 millionth post.

outlawauron said:
Be wary Atlus and Nippon Ichi.

 

Nooooooooooooo!



Cactus said:
outlawauron said:
Be wary Atlus and Nippon Ichi.

Nooooooooooooo!

hehehehe.

Jack Frost as DLC in Dissidia?!



"We'll toss the dice however they fall,
And snuggle the girls be they short or tall,
Then follow young Mat whenever he calls,
To dance with Jak o' the Shadows."

Check out MyAnimeList and my Game Collection. Owner of the 5 millionth post.