Topic: Capcom to Acquire K2 Studios

[WindyMan]

The developer of the Tenchu game series is now a wholly-owned developer of the Japanese publisher.
 http://nintendoworldreport.com/newsArt.cfm?artid=15672

 The developer of the Tenchu game series is now a wholly-owned developer of the Japanese publisher.    

Capcom has announced that it has agreed to purchase K2 Co., Ltd, via a buyout of K2 stock with Capcom stock.  The deal will be finalized on May 1.    

K2 has been a close partner of Capcom in recent years.  Though K2 has been the main developer for the Tenchu game series they have also worked on numerous projects outsourced to them by Capcom. Capcom has not published any entries into the Tenchu series; recent installments have been published by companies like FromSoftware, Sega, and Microsoft.    

"K2 has a proven record as a reliable provider of game development services for Capcom," Capcom said in a statement.  "By making this company a wholly owned subsidiary, Capcom plans to make its game development activities more efficient and speedy. Capcom also believes that pursuing a business strategy based on closer ties with K2 will help increase the value of the entire Capcom Group."    

Capcom has not said what it plans to do with K2 or if it will be developing any games for Nintendo platforms in the future.