|Fate||Disbanded by Temco Koei Holdings. Brand name still in use.|
|Successor||Koei Tecmo Games (Koei )|
|Founded||July 31, 1967|
|Defunct||April 1, 2010|
Kakihara Akirahito (founder)
Dead or Alive
Tecmo Co., Ltd. (テクモ株式会社 Tekumo kabushikigaisha?), was a Japanese video game corporation founded in 1967. It had its headquarters in Kudankita, Chiyoda, Tokyo. and its subsidiary, Tecmo Inc, was located in Torrance, California.
In 2009, Tecmo merged with Koei to form the holding company Tecmo Koei Holdings and was operated as a subsidiary until its disbandment in early 2010. In April 2010, Tecmo was dissolved and its video game franchises are now published by Koei Tecmo Games.
As of 2014, the Tecmo brand continues to be used on Koei Tecmo Games' video games.
The company was founded on July 31, 1967 as a supplier of cleaning equipment. Two years later, in 1969, it started to sell amusement equipment. In October 1977, the company was renamed Tekhan.
In March 1981, a U.S. division was inaugurated in Los Angeles as U.S. Tehkan, Inc.. A month later, on April 1981, Tehkan released in Japan its first arcade video game titled Pleiads (which was distributed in America by Centuri). When it was still called Tehkan, the company released arcade games such as Bomb Jack and Tehkan World Cup.
On January 8, 1986, Tehkan officially changed its name to Tecmo Co, Ltd.
On the 3 June 2008 Team Ninja head Tomonobu Itagaki resigned from the company and filed a 145 million yen ($1.3 million) lawsuit for "unpaid completion bonuses" and "emotional distress". This was followed by another lawsuit filed on the 16th of June by two plaintiffs on behalf of Tecmo's 300 employees for unpaid wages amounting to ¥8.3 million.
Merger with Koei
On August 29, 2008 Square Enix made plans for a friendly takeover of Tecmo by purchasing shares at a 30 percent premium with a total bid of ¥22.3 billion. On September 4, 2008 Tecmo officially declined the takeover proposal. Tecmo subsequently engaged in talks with Koei about a possible merger between the two companies, and agreed in November 2008 to merge on April 1, 2009 to form Tecmo Koei Holdings.
On January 26, 2009 the two companies officially announced the merger, and the holding company formed on April 1, 2009 as planned. Tecmo initially continued to be operated as a subsidiary and brandname of Tecmo Koei Holdings. In January 2010, the United States subsidiaries of Tecmo Inc. and Koei America merged to create Tecmo Koei America Corporation.
The subsidiary Tecmo and associated development teams were effectively declared disbanded in Japan on April 1, 2010, as part of a major international reorganization within Tecmo Koei Holdings. Relevant intellectual properties were slated to be further managed by Tecmo Koei Games.
On March 15, 2010, and roughly two weeks before the original company was dissolved, the internal development studio of Tecmo was spun off as a separate company under the name of Tecmo Co, Ltd., a wholly owned subsidiary of Tecmo Koei Games. This new company was originally called Tehkan to avoid confusion with the original company that was still operating for another two weeks. When the original company disbanded on April 1, 2010, Tekhan was renamed Tecmo. This was short-lived as the new Tecmo along with the new Koei video game developers were both dissolved and merged into Tecmo Koei Games a year later, in April 1, 2011.
Despite having been dissolved twice as a legal entity, Tecmo continues to appear as a label on video games by Tecmo Koei Games that make use of properties originally created by Tecmo, the latest being Dead or Alive 5 and Ninja Gaiden 3: Razor's Edge.
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- "Contact." Tecmo. Retrieved on October 18, 2010. "Tecmo, Inc. 21213-B Hawthorne Boulevard Torrance, CA 90503."
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- "TECMO KOEI HOLDINGS CO.,LTD. Announces Merger between Subsidiary and Sub-subsidiaries; Announces Business Transition between Subsidiaries". Reuters. 2011-02-07. Retrieved 2012-12-05.[dead link]
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- Boyes, Emma (2008-06-17). "Report: More staff sue Tecmo". Gamespot UK. Retrieved 2008-06-18.
- Thorsen, Tor (2008-08-29). "Report: Square Enix makes $200M Tecmo bid". GameSpot. Retrieved 2008-08-29.
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- Ashcraft, Brian (2008-09-04). "Report: Tecmo And Koei In Talks To Merge". Kotaku. Retrieved 2008-09-04.
- Tecmo and Koei to Merge in April 2009
- Koei Tecmo Reveals Its New Company Logo (Looks Familiar)
- "Tecmo Koei Company History". Tecmo Koei Holdings. Retrieved 2012-12-05.
- Tecmo Koei: Declaration of Succession