Tecmo

Infobox_Company
company_name = Tecmo, Ltd.
company_
company_type =
foundation = 1967
location =
key_people =
industry = Video games
products =
revenue =
net_income =
homepage = [http://www.tecmoinc.com/ www.tecmoinc.com] nihongo|Tecmo, Ltd.|テクモ|Tekumo| tyo|9650 (formerly known as Tehkan Ltd.) is a Japanese video game corporation that is best known for the "Ninja Gaiden", "Dead or Alive", "Deception", "Monster Rancher", "Rygar", "Tecmo Bowl", "Tecmo World Wrestling", "Fatal Frame" and "Gallop Racer" video game series.

History

The company was founded on July 31, 1967 as a supplier of cleaning equipment. [(October 2002). "Ninja Beach Party". "Official Xbox Magazine" (11): 52. ] Two years later, in 1969, it started to sell amusement equipment.

On March 1981, a U.S. division was inaugurated as U.S. Tehkan, Inc.. A month later, on April 1981, Tehkan released in Japan its first arcade video game titled "Pleiads" (which was distributed in America by Centuri). When it was still called Tehkan, the company also released such classic games as "Bomb Jack" and "Tehkan World Cup". On January 8, 1986, Tehkan officially changed its name to Tecmo.

On August 29, 2008 Square Enix made plans for a friendly takeover of Tecmo by purchasing shares at a 30 percent premium with a total bid of 22.3 billion yen. [cite web |last=Thorsen|first=Tor|title=Report: Square Enix makes $200M Tecmo bid|publisher=Gamespot|url=http://www.gamespot.com/news/6196996.html|accessdate=2008-08-29|date=2008-08-29 ] On September 4, 2008 Tecmo officially declined the takeover proposal. [cite web |last=Ashcraft|first=Brian|title=Report: Tecmo Rejects Square Enix's Takeover Offer|publisher=Kotaku|url=http://kotaku.com/5045253/tecmo-rejects-square-enixs-takeover-offer|accessdate=2008-09-04|date=2008-09-04 ] Tecmo has since been in talks with Koei about a possible merger between the two companies. [cite web |last=Ashcraft|first=Brian|title=Report: Tecmo And Koei In Talks To Merge|publisher=Kotaku|url=http://kotaku.com/5045256/tecmo-and-koei-in-talks-to-merge|accessdate=2008-09-04|date=2008-09-04 ]

Lawsuits

On the 3rd June, 2008 Team Ninja head Tomonobu Itagaki resigned from the company and filed a 145 million yen ($1.3 million) lawsuit for "unpaid completion bonuses" and "emotional distress". [cite web |last=Ashcraft |first=Brian|accessdate=2008-06-17 |url=http://kotaku.com/5012535/itagaki-leaving-tecmo-suing-tecmo |title=Itagaki Leaving Tecmo, Suing Tecmo |publisher=Kotaku |date=2008-06-02] This was followed by another lawsuit filed on the 16th of June by two plaintiffs on behalf of Tecmo's 300 employees for unpaid wages amounting to ¥8.3 million. [cite web |last=Boyes|first=Emma|title=Report: More staff sue Tecmo|publisher=Gamespot UK|url=http://au.gamespot.com/news/6192629.html?om_act=convert&om_clk=newstop&tag=newstop;title;7|accessdate=2008-06-18|date=2008-06-17 ]

Games

ubsidiaries

* Team Ninja

References

External links

* [http://www.tecmo.co.jp/ Tecmo, Ltd. (Japan)]
* [http://www.tecmoinc.com/ Tecmo, Inc. (United States)]
* [http://www.mobygames.com/company/tecmo-ltd Tecmo] entry at MobyGames