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Square Enix denies recent acquisition rumors

Angel Kicevski by Angel Kicevski
April 16, 2021
in News
0

Japanese Bloomberg has claimed that companies were interested in purchasing Square Enix. Apparently, it has caught Square Enix’s attention that they should release a statement regarding the alleged rumors. According to the official statement made by Square Enix regarding the recent Media Coverage, Bloomberg Has reported today that there is interest from several buyers to acquire Square Enix. According to them:

Bloomberg has reported today that there is interest from several buyers to acquire Square Enix. However, this report is not based on any announcement by Square Enix Holdings CO, LTD. 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.

We live in a world where multiple companies hungry for power are looking for any assets they can get under their wing. Today’s event is somewhat similar to what happened with the acquisition of Codemasters. Square Enix, however, has come out with a denying statement, which can be found below.

Even if Bloomberg’s statement is holding false information, there may still be a spark of interest in companies like Sony and Microsoft. The potential acquisition falls in Microsoft’s favor slightly more because of their recent swing on the market. After acquiring Bethesda, Microsoft has turned towards the globally renowned VoIP platform, Discord, which is primarily used for gaming, and it’s looking for its acquisition. With Microsoft’s Xbox Game Pass and its recent impact on gamers, it’s nothing weird if we see Microsoft breathing in Square Enix’s neck.

Tags: BloombergMicrosoftSonySquare Enix
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Angel Kicevski

Angel Kicevski

I've spent half of my life playing video games, ever since the competitive 1.6 era. Now I am happily married to Margarita Kicevski, and have two beautiful children. My goal is to deliver fresh news and updates, but most of the time I want to work on guides. Since I have rebooted this website, I am planning on making it huge. Just you wait!

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