PxPixel
Bandai swoops for Namco - ToyNews

Bandai swoops for Namco

A new Japanese toys and games powerhouse has been created, with Bandai acquiring video game firm Namco in a deal worth some $1.6bn.
Author:
Publish date:
5_Pocoyo.jpg

A new Japanese toys and games powerhouse has been created, with Bandai acquiring video game firm Namco in a deal worth some $1.6bn.

The merger of Bandai ? best known for its Power Rangers toys ? and video games veteran Namco will create Japan?s second largest toy and games business after Sega Sammy Holdings. The deal marries Bandai?s strength in IP with Namco?s technological prowess

?Amid severe market conditions we decided a merger was the best way to focus our resources in an effort to boost corporate value, expand our business and come out top of the competition,? the two companies said in a joint statement.

The two firms will form a holding company on September 29th in which Bandai will hold a 57 per cent stake and Namco the remaining 43 per cent.

Related

5_Pocoyo.jpg

Smoby swoops for Berchet

Smoby-Majorette is set to announce that it has acquired compatriot firm Berchet, in a deal which will create Europe?s second largest toy group.

5_Pocoyo.jpg

Bandai catches Bubble

Bright Things? kids? games console, Bubble, took another important step towards launch this week, as the firm revealed it has secured a UK distribution deal with Bandai...

5_Pocoyo.jpg

Boyers steps up at Bandai

Long serving sales director, Julian Boyers has been promoted to Managing Director of Bandai UK with immediate effect, replacing Shusuke Takahara.

5_Pocoyo.jpg

Vtech and Bandai shine at TRA Awards

Vtech and Bandai were the big winners at last night’s Toy Retailer Association Awards, scooping the top two accolades, Toy Supplier of the Year and Toy of the Year 2005 respectively.

Featured Jobs

Copyrights Group

Marketing Manager

The Copyrights Group is one of the licensing arms within The Vivendi Group. Acquired by Vivendi in 2016 Copyrights manages the licensing for a portfolio of properties to include Paddington Bear. Some of the other companies within the Vivendi Group include Universal Music Group, and their licensing arm Bravado, Gameloft and Studiocanal to name a few.