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Konami Consolidates

Konami Digital Entertainment today announced that it plans to consolidate its offices in El Segundo, California and Redwood City, California into one operation at the El Segundo location. the company says that this move is to maximize the strategic collaboration for the future digital entertainment growth of the company. The official office consolidation will happen by the end of July 2007. Kazumi Kitaue, Chairman and CEO of Konami Digital Entertainment also added that “In order to grasp the rapid change of entertainment trends and take timely strategic action, having all functions under one roof is critical." Konami did not disclose whether or not this consolidation will result in any cuts in its workforce.

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