Dwango made a more detailed announcement today of a merger that we first heard about last year. Chunsoft and Spike, two Dwango subsidiaries, will be merging on April 1. The name of the resulting company will be Spike Chunsoft.
Although the Spike name comes first in the new name, the surviving entity will be Chunsoft. On paper, Spike will officially cease to exist.
We first heard about the merger plans in November of last year. Today, Dwango sent out notice that the move had received shareholder approval.