Social networking has firmly weaved its web around the globe while delivering varied experiences to people. In the past few years, its impact on the gaming world has become more than apparent, leading to the spread of franchises such as Dragon Age and PGA Tour Golf onto the platform. Unfolding yet another chapter in this saga, a post on Gamespot recently reported that gaming giant Konami will acquire Hudson Entertainment through a stock swap deal this April.
Supposedly, the main reason behind this acquisition lays in the expertise manifested by Hudson in the ”˜booming’ social networking sector. This deal is expected to unlock several new doors for Konami, allowing it to explore newer market segments such as mobile phone and social games. According to reports, the Castlevania publisher already holds a 53.99 percent stake in Hudson. Following the stock swap, the former will convert the latter into a wholly-owned subsidiary.
Further, rumors suggest that Hudson will be dislisted from the Japanese stock index, Jasdaq, on March 31. Allegedly, this will be followed with the appointment of a new CEO for Hudson as Konami gears up to establish complete control on the company starting April 1, 2011. Lastly, it has been stated that the buyout will have minor impact on business operations of both these corporations.
Whether the Bomberman creator and Gears of War publisher duo render an exciting social networking and portable gaming treat will be unveiled in the next few months. For now, we can only wait and watch as to which other colors will the social networking segment splash the gaming domain with.