Sega Purchasing Atlus Parent Company

Atlus, the Japanese developer and publisher responsible for the Shin Megami Tensei games, will be under new management when Sega acquires its parent company, Index Corporation.

Sega is buying out Index entirely in a 14 billion yen (approximately $140 million) business deal, bringing all of Atlus’ games under its newly formed subsidiary Sega Dream Corporation. The transaction is supposed to take place in November, meaning we could have a Sonic the Hedgehog/Snowboard Kids crossover by Christmas.

This is the second acquisition by Sega this year, the first being Sega’s pickup of Relic Entertainment from THQ after THQ filed for bankruptcy. With a company as big as Atlus under its wing, Sega may soon start climbing the publisher ranks.

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