Capcom Gets MotoGP Game Rights through 2012; Acquires Tenchu PS2 and Xbox Developer K2

Publisher Capcom has announced that, across two unrelated business deals, it has acquired developer K2 along with a four-year hold on the worldwide rights for MotoGP-branded motorcycle racing games.

K2, which is best known for the PlayStation 2, Xbox and Xbox 360 entries in the stealth ninja action series Tenchu, will become a wholly-owned Capcom subsidiary as of May 1, 2008. In exchange, K2 will receive 201,720 shares of Capcom common stock.

Though K2 has developed several, but not all, entries in the Tenchu series, the studio does not own the property itself. The Tenchu property currently belongs to independent Japanese developer From Software, which acquired the franchise from publisher Activision in 2004.

The worldwide publishing rights for the MotoGP property, meanwhile, ensure that Capcom will be the only company with a licensed MotoGP title until 2012. Capcom noted its intent to publish a MotoGP title based on the 2008 season for PC, PlayStation 2, PlayStation 3, Xbox 360 and Wii, though it did not name a development studio.

Previous MotoGP titles have been published by multiple companies--including Capcom, Namco and THQ--with different editions of the games developed by Milestone and Climax Studios.