It looks like Konami is getting around to finishing a takeover it began five years ago. Back in the spring of 2005, the Japanese games giant became a majority shareholder in smaller gaming firm Hudson Soft. After the acquisition, Hudson became what stuffy business folk call a “wholly owned subsidiary” of Konami. Konami has now announced that they will complete the takeover by conducting an exchange of stock. This share exchange will transpire this April, at which time Hudson will be delisted as a publicly traded company.
It’s likely that Konami’s interest in mobile gaming is behind the takeover. For the past few years, Hudson has released numerous games for mobile devices, including its flagship title Bomberman Touch. By completing the takevoer, Konami will be able to leverage Hudson’s presence in online gaming.