Japanese publisher GungHo Group has acquired Lollipop Chainsaw developer Grasshopper Manufacture. The studio was founded by famed Japanese games developer Suda 51 (Goichi Suda), whose work includes No More Heroes and Killer 7. The company is currently working on Killer is Dead. Financial terms of the acquisition were not disclosed.
GungHo publishes online and mobile game titles such as the popular MMO Ragnarok Online and Dragon Saga.
In a statement on its web site (Japanese), GungHo said that it will merge Grasshopper Manufacture's planning and development strengths with its own skill at operating online titles to create more high quality content.