Sega looking to pick up Persona developer - Report

Twenty publishers lined up to bid on Atlus, says report, with deal aiming to be finalised by the end of the month.

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Sega is one of twenty publishers interested in buying Atlus--the Persona, Shin Megami Tensei, and Trauma Center developer--according to a new Bloomberg report (via Gematsu).

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The future of the cult Japanese developer remains unknown after its parent company Index Holdings, which acquired Atlus in 2006, filed for bankruptcy.

Sources close to Bloomberg have said the twenty potential candidates will be narrowed down as early as next week and to secure a buyer before the end of August.

The current top bid for the developer is reported to be as high as ¥20 billion ($203 million/£132 million) which is said to be five billion higher than Index Holdings expected.

It is not known which publisher is reportedly placing the high bid.

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