Kadokawa Corporation acquires ACQUIRE
Kadokawa Corporation has acquired Octopath Traveler series developer ACQUIRE from GungHo Online Entertainment, the company announced.
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Kadokawa Corporation has acquired Octopath Traveler series developer ACQUIRE from GungHo Online Entertainment, the company announced.
“To strengthen the ability to create IP in games as part of our game business strategy, we have made ACQUIRE Corp. into a wholly owned subsidiary,” the company said in its earnings results for the three months ended December 31, 2023.
“By acquiring the company, which has produced million-seller hit titles, we expect to generate synergies with our existing game-related subsidiaries, strengthen our planning and development capabilities Groupwide, and enhance our lineup of console games.”
ACQUIRE was founded in 1994, and develops and markets original game titles for consoles, as well as engages in contract development. In addition to the Octopath Traveler series for Square Enix, the company also developed the Tenchu and Way of the Samurai series, which are owned by Kadokawa Group subsidiaries FromSoftware and Spike Chunsoft, respectively. Its most well known self-published series is Akiba’s Trip.