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"Square and Enix in merger shocker."

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Wed 27/11/02 at 16:39
Regular
Posts: 787
Well I didn't see this one coming. I was going to post it yesterday but was too tired/couldn't be bothered. Anyway Square and Enix are going to be one comapny as of April 1st next year (beginning of the fiscal year, it isn't a joke).

Surprisingly, for me anyway, Enix will be taking on Square (watchers of The Office can imagine Square as the Swindon lot, if it helps), and the company will be imaginitively title Square Enix. Square shares will now be worth 0.8 of a share, whereas Enix shares will be worth 1 share in the new company. Which is interesting.

These being the two biggest producers of RPGs and all, you have to think that they'll have a pretty large monopoly over the genre. I can think of very few competitors, the main one being Capcom with their Breath of Fire series, although I'm sure there are others.
Fri 29/11/02 at 14:30
"Darkness, always"
Posts: 9,603
Well, the platform with the greatest number of users is PCs, but I don't think that's what he meant.

Certainly this has been interesting news, and what pretty much amounts to a pledge to create a string of PS2 exclusives can't be ignored.

Will certainly have to wait and see what they can now come up with.
Fri 29/11/02 at 14:08
Regular
"50 BLM,30 SMN,25 RD"
Posts: 2,299
Following yesterday's blockbuster announcement regarding the merger between Square and Enix, executives from both companies held a press conference to answer a variety of questions regarding the deal. Below is a partial transcript from the Q&A sessions held with Square president Yoichi Wada and Enix president Keiji Honda.

Question: Why was the merger announced today?

Wada-san: We wanted the merger to be complete by April 2003, and we thought this was the best time to announce our plans.

Question: Square, Enix and Namco already have a mutual investment agreement. Will Namco be involved with the merger as well?

Honda-san: No, our investment agreement and the merger are totally different. Namco won't be involved in our merger.

Question: How will your respective business operations be restructured as a result of the merger?

Wada-san: Specifically how the merger will affect some aspects of both companies can't be fully anticipated, so we have no definitive restructuring plans at this point.

Question: Based on the preliminary details released regarding the structure of the merger, it appears as if Square will operate more as an internal development studio of Enix?

Wada-san: There are no plans to change the dynamic of our operations, our business structure will remain the same for now.

Question: Are there plans for a crossover RPG featuring elements of Final Fantasy and Dragon Quest?

Wada-san: There are no plans yet, that's something we're looking at for the future.

Question: Sony holds a major financial stake in Square, will the new company continue to primarily support PlayStation2?

Wada-san: We will continue to primarily support whatever platform is believed to have the largest number of users.

Question: Do you plan to continue developing online compatible games?

Honda-san: We're both working to xpand our network related plans. Square is preparing to release Final Fantasy XI in America, while Enix is exploring online compatible PC games for the Chinese market. Together, our online business will have global audience.

Question: What do you think is the greatest aspect of the merger?

Wada-san: It will open the doors for future innovation, and build upon our respective achievements over the past five years.

-- Translation Asst. Tsuno Okashi
Thu 28/11/02 at 19:27
"period drama"
Posts: 19,792
Yay!
Now we'll ahve some huge hybird RPG which will crush everything in it's path.

Plus i want to play the Japanese RPG's which never made it over. At last.
Thu 28/11/02 at 18:23
Regular
"twothousandandtits"
Posts: 11,024
Yeah, hopefully the series will come over here as I've never played it before. I've heard good things, and it is a very popular series.
Wed 27/11/02 at 19:28
Regular
"Brooklyn boy"
Posts: 14,935
cool maybe we'll see Dragon Warrior over here and i won't have to spend £50 on the ruddy import
Wed 27/11/02 at 16:39
Regular
"twothousandandtits"
Posts: 11,024
Well I didn't see this one coming. I was going to post it yesterday but was too tired/couldn't be bothered. Anyway Square and Enix are going to be one comapny as of April 1st next year (beginning of the fiscal year, it isn't a joke).

Surprisingly, for me anyway, Enix will be taking on Square (watchers of The Office can imagine Square as the Swindon lot, if it helps), and the company will be imaginitively title Square Enix. Square shares will now be worth 0.8 of a share, whereas Enix shares will be worth 1 share in the new company. Which is interesting.

These being the two biggest producers of RPGs and all, you have to think that they'll have a pretty large monopoly over the genre. I can think of very few competitors, the main one being Capcom with their Breath of Fire series, although I'm sure there are others.

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