Tag Archives: bankruptcy

Sega Sammy is bidding on the financially troubled parent company of Atlus. Bloomberg Japan (via VentureBeat) reports that the house of Sonic is pursuing Index Corp., which among other operations owns Persona and Shin Megami Tensei developer/publisher Atlus. Index Corp. was opened for bids after entering civil rehabilitation, the Japanese …

Streaming game service OnLive had some pretty rough times over the summer, but it looks like the company’s narrow evasion of bankruptcy was even more razor-thin than suspected. The Verge reports that OnLive’s assets were sold off to investor Gary Lauder for just $4.8 million in August. For reference, news …