Arc System Works Purchases all of Technos’ IPs, including Double Dragon

Arc System Works Purchases all of Technos’ IPs, including Double Dragon

Arc System Works announced today with a press release that on June 1st it has purchased all of the IPs previously owned by the defunct Technos Japan.

The rights have been transfered from Millions & Co, that acquired them after Technos’ bankruptcy in 1996, and include Double Dragon and River City Ransom (Kunio-kun).

The press release does not mention what Arc System Works intends to do with the newly acquired IPs, but considering the quality of their games, this is definitely good news.