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D3Publisher and Namco Bandai Joining Forces on March 24th

D3Publisher and Namco Bandai Joining Forces on March 24th

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According to Nikkei Net via GameSpot, Namco Bandai’s bid to pick up D3Publisher will be finalized on March 24th, 2009.

The bid will offer current D3Publisher shareholders ¥1.23 billion ($12.55 million) in order “to acquire 95.02 percent of all outstanding shares on March 24.”

Subsequently, Namco will seek to pick up the remaining shares, having complete control over D3Publisher’s “Japanese parent company, D3 Inc., as well as subsidiaries D3Publisher of America, D3Publisher of Europe, and developer Vicious Cycle.”

Namco is making the move for D3Publisher in light of their recent console and handheld successes and for their “robust” mobile gaming business.  In addition, this move should help Namco increase their presence and marketshare in Europe and North America.

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