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Bandai's Plex Subsidiary to Absorb Tamagotchi Developer Wiz
posted on by Rafael Antonio Pineda
Wiz founded in 1986, developed Digimon toy lines
Plex toy company of its Bandai subsidiary, dissolving Wiz as a company effective April 1.
sold the studio in 2009. The company's profits began to dip in 2010, and Bandai Namco Holdings acquired Wiz in 2016, making the company a wholly owned subsidiary.
Namco Group acquired Popy. Studio Plex then changed its name to just Plex in 1990, and in 2007 Bandai Namco Group merged Popy and Plex together.
Sources: Tadashi Sudo)
Disclosure: Bandai Namco Filmworks Inc., a wholly owned subsidiary of Bandai Namco Holdings Inc., is a non-controlling, minority shareholder in Anime News Network Inc.