Sega is among about 20 companies bidding on Index, parent company of Atlus (Shin Megami Tensei, Persona), reports Bloomberg (translated by Siliconera). The bidding for Index has reportedly gone as high as 20 billion yen ($203.3 million), and the company could be sold by the end of the month.

Index filed for "civil rehabilitation," a form of bankruptcy under Japanese law, in late June. Plans to sell of its operations were announced in mid-July. At the time, an Atlus representative assured Joystiq that its upcoming release plans would be unaffected. The publisher's latest game, Dragon's Crown – which we thoroughly enjoyed – should launch tomorrow.

A Sega acquisition would make sense, given that the company already distributes Atlus games in Japan. It would also help expand Sega's growing pool of talent – the company acquired Company of Heroes 2 developer Relic earlier this year.

This article was originally published on Joystiq.

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