Namco Bandai Games have announced that it will be absorbing it’s Namco Tales Studio. The studio will be officially dissolved and taking effect on the 1st January,2011.
The company did not give any explanation in it’s brief announcement. Namco Tales Studio is owned by Namco Bandai Games and is responsible for the Tales of series of games and formed on the 20th March, 2003. The fact that Namco Bandai have several Tales Games and products in production, it’s more than likely that the studio will continue it’s work, but will cease to exist as a public company.