September 29th, 2004 by Arjan Olsder Posted in Companies & M&A | No Comments »
BBMF Corporation announced today that it has signed two definitive agreements with Atlus Co. Ltd. (Jasdaq: 7866), a leading manufacturer of gaming software for platforms such as commercial arcade games and home gaming consoles.
Under a sale and license agreement, BBMF will purchase Atlus’ Japanese mobile distribution business for the aggregate purchase price of JPY 300,000,000 and has been granted an exclusive, 10-year worldwide license to use Atlus’ game contents, characters and the Atlus trademark, with the exception of certain mobile game contents, which license BBMF has received on a non-exclusive basis. Atlus will receive from BBMF a percent of revenue earned from game distribution. More …
