What does Yoichi Wada, president of Japanese gaming software company Square Enix talk about over dinner these days? M&A, of course.
“I think every company is undergoing negotiations. We have dinners every night,” Wada said at the Reuters Global Technology, Media and Telecoms Summit in Tokyo.
“We face competition not only from Japanese videogame companies but from game companies worldwide. We also see some new players from outside the videogame industry coming in,” he said.
Square Enix, creator of blockbuster game series including “Dragon Quest”, “Final Fantasy” and “Kingdom Hearts”, was created in 2003 through a merger of two leading Japanese game makers.
Wada said, “It may be a business alliance or it may be us taking a stake in others, but we need to go beyond traditional Square Enix.”
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So this is what they have for dinner, is it?
- Posted by Kris