TOKYO - JAPANESE video game maker Koei will take over smaller rival Tecmo in a stock deal worth 20 billion yen (S$316 million), the two firms said, the latest in a series of consolidation moves in the industry.
Koei and Tecmo, the maker of fighting game 'Dead or Alive' and action title 'Ninja Gaiden', said on Tuesday they plan to merge operations under a holding company in April.