Tenchu dev K2 acquired by Capcom

Capcom is certainly in the mood to spend money. On the heels of knotting up the rights to MotoGP for the next half-decade, the company has forked over enough cash to purchase Japanese dev K2, a studio known for such titles as Valhalla Knights as well as last year's abysmal Tenchu Z.

The purchase was made via an exchange of stock that's expected to be completed on May 1. Capcom failed to elaborate on its plans for the studio, however, noting only that the acquisition was made in order to make "its game development activities more efficient and speedy," leaving us wondering if Capcom plans to revisit the flailing Tenchu stealth action series at all or is simply adding cogs to its development machine.

This article was originally published on Joystiq.