Bandai, Namco to Merge
Forbes has learned that Bandai and Namco plan to merge their operations as early as this fall, creating the second-largest toy/game company in Japan. Combined sales will have it trailing only Sega Sammy Holdings.
Bandai is Japan’s leading toymaker with product development rights to popular anime series’. Namco is well-known for its involvement in early arcade development, and has contributed to nearly all current-generation consoles and handhelds.
Update: The deal is valued at $1.6 billion, and will be completed on September 29. The new company will be known as Namco Bandai Holdings.