Gamernode: News - Square Enix looking into merger

Square Enix looking into merger

Seems these days more and more game companies are partnering up--the consolidation market is still alive in the game industry. If it isn't the merger of Activision and Blizzard, it is EA's attempt to take over Take-Two. Heck, even Microsoft and Yahoo are trying to partner up these days.

To some it may seem like a squandering of creativity, and others don't like the big company image. But think of the positives. By combining resources, in a merger, both companies now have access to a wealth of resources. The teams behind the games we love now have a whole new bank of tools and talent to dip into.

So it makes sense to hear a certain Japanese company wants to venture into this consolidation market. That company is Square Enix. Not a stranger to consolidation Square Enix used to be Squaresoft and Enix separately. Square Enix president Yoichi Wada believes that in order to compete in the growing videogame market, some form of consolidation will be needed.

"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. We face competition not only from the Japanese video game companies, but from game companies worldwide. We also see some new players from outside the video game industry coming in."

Which company Square Enix may join with and when is anyone's guess, but if a merger gives Square the man power and resources to make their games faster and better, without stifling creativity then it can't be a bad outcome. Heck, we may even get Final Fantasy XIII before we all turn fifty.

[Via Gamespot]

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