By Spencer . August 30, 2010 . 12:40am
The parent company of animation studio Madhouse and Atlus, Index Holdings, announced Atlus will be dissolved. A representative said the brand will still exist with future games published under the Atlus label, but Atlus will no longer be listed on the Tokyo Stock Exchange.
Atlus, a fully owned subsidiary of Index Holdings, will merge with Index, a mobile content division of the same company. Index Holdings believes this will allow the new team to leverage Atlus’ IP library such as Persona, Shin Megami Tensei, and Trauma Center. Just a few weeks ago, Persona 3 Social was announced for cell phones.
The merger is scheduled to take place on October 1.