For the longest time, Index Corporation has been struggling financially, despite the fact that its subsidiary Atlus has published some top-notch games lately including Shin Megami Tensei IV for Nintendo 3DS and Dragon’s Crown for PlayStation 3 and PS Vita.

A new business move could lead to a new direction for the publisher. Sega has managed to purchase Atlus from Index for a deal worth a reported $140 million, giving the publisher availability of a number of key franchises, including Persona, Shin Megami Tensei and Etrian Odyssey, among others. Sega ended up being the top bidder for the company out of 20 bidders, acquiring the company following its bankruptcy filing in June.

Atlus is the latest acquisition for the publisher, who also picked up Relic Entertainment when THQ was in the midst of its bankruptcy last year. Sega made a good move with Relic, as its  Company of Heroes 2 has performed rather well on the PC market since its release in March. Hopefully, this deal will see some great new products from Atlus which will benefit Sega in the long run.

Source: GamesIndustry International