When was Namco founded and by whom?
Masaya Nakamura founded the company on the 1st of June 1955. He started the business with 300,000 yen and two hand-cranked rocking horses on the roof garden of a Matsuya department store in Yokohama.
Questions about Namco
Short answers, pulled from the story.
What year did Namco acquire Atari Japan and for how much?
Namco acquired Atari Japan in 1974 for 296 million yen. The deal allowed Nakamura Seisakusho to distribute Atari games across Japan after paying 550,000 dollars initially and 250,000 dollars annually for three years.
When was Pac-Man released in North America and how many units did it sell by 2005?
Pac-Man was released in North America in November 1980. By 2005, the game had sold over 300,000 arcade units and grossed over 1 billion dollars in quarters globally.
When did Namco file for bankruptcy and what caused the decline?
Namco Cybertainment filed for Chapter 11 bankruptcy protection on the 29th of January 1998. The decline was caused by the Japanese recession, reduced mall traffic, and low consumer spending which led to a 26.3% drop in net sales.
When did Namco merge with Bandai and what was the acquisition price?
Bandai acquired Namco for 175.3 billion dollars on the 29th of September 2005. The merger was finalized after Bandai accepted the offer on the 2nd of May 2005, to create Namco Bandai Holdings.