Square Enix Acquisition Rumors: That's what the publisher says

Square Enix Acquisition Rumors: That's what the publisher says

Square Enix Acquisition Rumors

Is publisher Square Enix about to be acquired? At least that's what a recent report by Bloomberg magazine says. The relevant editor is referring to the statements of some unknown employees from the banking industry who are allegedly privy to the situation. Accordingly, several companies have expressed their interest in a potential takeover to Square Enix. In the meantime, the Japanese publisher and developer has commented on this issue and taken a clear position.

Square Enix denies the reports from Bloomberg and clarifies that there are currently no plans to sell the company. A Square Enix spokesperson said the following: Bloomberg announced today that there is interest from multiple buyers to acquire Square Enix. However, this report is not based on an announcement by Square Enix Holdings Co., Ltd. We are not considering selling the company or parts of the business, nor have there been offers from interested parties to take over the company or parts of the business. "

Recommended editorial content At this point you will find external content from [PLATTFORM]. To protect your personal data, external integrations are only displayed if you confirm this by clicking on "Load all external content": Load all external content I agree that external content can be displayed to me. This means that personal data is transmitted to third-party platforms. Read more about our privacy policy . External content More on this in our data protection declaration. Accordingly, the official statement is that there are currently no concrete negotiations around a possible takeover of Square Enix. However, the statement does not necessarily rule out the possibility that there could be interested parties for such a deal. But at least for the near future, such a deal does not seem to be on the plan.

Source: Bloomberg, Square Enix

Square Enix denies takeover rumors

a woman holding a cell phone

A spate of recent game studio acquisitions has left many guessing who will be next. Well, it probably won't be Square Enix. The Japanese studio has rebuffedreportsclaiming it was being circled by multiple potential buyers. In a statement released today, Square Enix flatly denied that it was mulling a sale or had been approached by interested parties.

'We do not consider selling off the company or any part of its businesses, nor have we received any offer from any third party to acquire the company or any part of its businesses,' the company said.

It seems the rumor originated from CTFN — a subscription news site that specializes in mergers and acquisitions reporting — which cited two bankers, and was repeated by Bloomberg Japan. Industry analyst David Gibson said it may have been a case of bankers attempting to boost Square Enix's business after Marvel’s Avengers posted weak sales. Tokyo-based consultant Dr. Serkan Toto said the rumors caused the company's stock to jump by almost 14 percent. 

a woman holding a cell phone: Final Fantasy © Square Enix Final Fantasy

At the same time, consolidation has been rife in the gaming industry as major players look to boost their digital stores and burgeoning subscription services with exclusive titles. Recent deals include Microsoft's $7.5 billion takeover of Bethesda owner ZeniMax, EA's acquisition of Codemasters and Epic Games' purchase of Tonic Games Group (parent of Fall Guysstudio Mediatonic). 

Though Square Enix was quick to rubbish takeover talk, it's easy to see why it would be an attractive target. The company's properties include enduring franchises, like Final Fantasy and Kingdom Hearts, and newer titles such as Outriders. But, it's also tied down to existing licensing agreements for its upcoming games including Forspokenfor PS5 and PC.