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| Tio
147th Post
 
Regular Customer
   
|  "Re(2):Enix and Square merger"
, posted Mon 25 Nov 22:46
Yes, it's official.
Enix will absorb Square, and the name of
the company will change to Square Enix.
Stock ratio will be Square 1 to Enix 0.81
(if you have 1000 Square stock, it will change to 810 Enix stock)
Square will cease to exist on the start of the fiscal year.
It was only a matter of time before Square was going to have to settle with their finance, but I wasn't expecting it to take place in this way....
Enix is much more profitable and has control of their finance, so it's probably a good idea they will be absorbing Square.
Besides, we could now hope to see great game like Chrono Trigger to come back (that was the first collaboration of Enix/Square).
Enix is purely a publishing company, and doesn't have a developing team, they have developing companies (such as Chun Soft) to make games for them to publish.
It's unclear right now whether Square will be their in-house development team, or become like Chun Soft and just be a development company under Enix.
Either way, one thing is clear... Sakaguchi won't be able to burn obscene amount of money for unprofitable projects like he used to.
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| OYashiroForever
61th Post
Occasional Customer
| "Re(3):Enix and Square merger" , posted Mon 25 Nov 22:57
quote:
Yes, it's official.
Enix will absorb Square, and the name of
the company will change to Square Enix.
Stock ratio will be Square 1 to Enix 0.81
(if you have 1000 Square stock, it will change to 810 Enix stock)
Square will cease to exist on the start of the fiscal year.
It was only a matter of time before Square was going to have to settle with their finance, but I wasn't expecting it to take place in this way....
Enix is much more profitable and has control of their finance, so it's probably a good idea they will be absorbing Square.
Besides, we could now hope to see great game like Chrono Trigger to come back (that was the first collaboration of Enix/Square).
Enix is purely a publishing company, and doesn't have a developing team, they have developing companies (such as Chun Soft) to make games for them to publish.
It's unclear right now whether Square will be their in-house development team, or become like Chun Soft and just be a development company under Enix.
Either way, one thing is clear... Sakaguchi won't be able to burn obscene amount of money for unprofitable projects like he used to.
Some friends and I have been churning over this for a few hours now and we're all convinced that this is some Bizarro world scenario. 
No, seriously. While anyone could see that Square was in dire financial straits (FF XI all but flopped, tons of wretched sports games, still recovering from the movie), I wouldn't have seen this coming from a mile off. While the possibilities of further Square/Enix crossover games (Bust a Move with Final Fantasy characters? Dragon Warrior with gorgeous graphics?) is intriguing, the simple fact that Square simply doesn't exist any more is just unnerving.
I suppose we'll just have to wait and see what happens at the press conference for further details, but this whole thing makes me VERY uneasy.
"I haven't slept for 10 days because that would be too long."
"Your denial is beneath you and thanks to the use of hallucinogenic drugs I see through you."
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| iggy 1010th Post
Red Carpet Premium Member
    
    
| "Re(1):The HECK?!" , posted Mon 25 Nov 23:36
That's.... that's...... whao.
That means the same company will have in their hands FF, SaGa, Seiken, DQ, Star Ocean, Valkyrie Profile and all the rest...
Even if they don't merge projects and do some big strange cross overs with chocobos in DQ and Toriyama slimes in FF, I foresee 2 things interesting : first there won't be any risqs that the company release 2 "must buy" game at the same time (I mean, no Seiken released the same mounth of Valkyrie 2, for example) and that's good for my money. Then, maybe it will make Enix forget their use of releasing games years after their first release date. So maybe we have a chance to see DQ8 before the PS3 comes out....
無知にはムチを!
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| Tio
149th Post
Regular Customer
| "Re(5):Enix and Square merger" , posted Tue 26 Nov 00:30
quote:
I suppose we'll just have to wait and see what happens at the press conference for further details, but this whole thing makes me VERY uneasy.
You said it, man. I had no idea Square was in THAT much financial trouble, or that Enix had the $ to basically buy them. Weird. Does anybody know exactly how unprofitable Square has become? Seems like that would help solve some of the mystery on this one...
What a lot of people don't realize, is that Square doesn't make enough money off FF.
FF sells a lot, and so did KH. But mere 2 titles selling a lot isn't gonna support Square's large number of staff (900+) till the next big release, especially when the company is already in debt.
Enix is purely a publishing company. They publish games, books, magazines, comics, goods, toy merchandise, etc. They don't have a in-house development team. They have development companies under them to make games for them to publish. Dragon Quest series, Toruneko series, Shiren series, Star Ocean series, etc.
You may not hear about Enix that much in US, but they are highly profitable, not only from their sucessful games but from other publishing.
The good thing is, because Enix is a publishing company, they probably will just have Square develop their own thing and publish. Many Square employees (especially those not in the development team) might lose their jobs for cut-down though.
We'll see how it turns out. Hoping for the better, of course. If this means more games like Chrono Trigger, then I'm all for it.
Tio
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aohige on Warcraft III Asia server
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"Re(2):The HECK?!" 
