Nippon Toy Titans Converge as Bandai Buys Namco
Japanese toy giant Bandais got game, acquiring Nippon videogame giant Namco for $1.7 billion in cash and stock, in a huge development for the gaming industry.
Bandai owns the POWER RANGERS and DIGIMON, while Namco owns the classic PAC-MAN and new hit games such as TEKKEN. The financial and trade wires are buzzing about how this combination will create Japans second-biggest maker of toys and videogames.