Square Enix makes surprise bid for Tecmo
Leo Lewis, Asia Business Correspondent
Square Enix, the Tokyo video games group behind the long-running Final Fantasy series, has made an 11 billion yen (£56 million) bid for control of Tecmo in a deal that is expected to trigger a wave of consolidation in the Japanese games industry.
A merger of Square and Tecmo would unite a company famous for complicated, immersive role-play titles with a smaller rival whose games focus chiefly on ninjas, bare-chested street fighters and girls in bikinis.