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Shortly after in July 1997, Irem Software Engineering took over the development department of Irem Corporation and absorbed it. On 15 April 1997, Nanao established Irem Software Engineering Inc. Although this was the company's first video game in two years, this would also be the last video game from Irem Corporation. In late 1996, Irem released the video game Gussun Paradise (гЃђгЃЈгЃ™г‚“гЃ±г‚‰гЃ гЃ„гЃ™) for the PlayStation. Then, Kenzo Tsujimoto and a group of employees from Irem's video game division, left to form their own together with IremвЂ™s own company under the name NazcaвЂ…Corporation, which became a new company and best known for developing SNK's MetalвЂ…Slug franchise. The company's original wholesale division, in charge of manufacturing and renting/selling arcade cabinets, stayed in Osaka and was not impacted by the company's restructuring. The development department of Irem Corporation was transferred to Nanao's headquarters in IshikawaвЂ…Prefecture. In 1994, Irem completely ceased development of video games.

It remained in operation until the restructuring of the Japanese parent company in 1994. In 1989, an office was inaugurated in Redmond,вЂ…Washington as Irem America. While Irem's arcade video games in the 1980s were typically developed in-house, its published titles on the Famicom home console were often handled by Tamtex, a Tokyo-based sister company from the Nanao Group. Three arcade games released by Irem in the 1980s became the company's most successful titles: MoonвЂ…Patrol (1982 licensed to Williams Electronics in North America), the earliest beat 'em up, Kung-Fu Master (1984), and the scrollingвЂ…shooter R-Type (1987). The following year, Tsujimoto left the company to form Capcom. However, Tsujimoto was blamed in 1982 for the declining sales of the video game IPM Invader and other lackluster titles, and was replaced by Nanao's president. Tsujimoto remained chairman of Irem Corporation in the early 1980s despite establishing in 1979 another company, I.R.M Corporation (the precursor of Capcom). In 1980, Nanao became the majority shareholder of Irem Corporation. Irem is an abbreviation for 'International Rental Electronics Machines'. In early 1979, IPM changed its name to Irem Corporation following a letter from IBM that the name 'IPM' was too confusing. IPM released its first video arcade games in 1978, starting with IPM Invader (a clone of Taito's legendary SpaceвЂ…Invaders). In 1977, IPM partnered with NanaoвЂ…Corporation of IshikawaвЂ…Prefecture to produce CRT monitors for its arcade cabinets. With Breakout and its various clones dominating the video game scene, IPM started to manufacture, sell, and rent arcade hardware cabinets.

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At first, IPM's purpose was to build and install video game machines for small stores in Japan, and its initial vocation was not much different from Tsujimoto's previous venture. 'IPM' stood for International Playing Machine. The success of the store led to the creation in 1974 of IPM Co Ltd, with Tsujimoto as its president. At the time, Tsujimoto was already confident in the potential of the game entertainment and started including the manufacturing of pachinko machines to his business as early as 1970.

Tsujimoto opened his store in Osaka to sell machines for cottonвЂ…candy stores. Irem's ancestor was founded in 1969 by KenzoвЂ…Tsujimoto in OsakaвЂ…Prefecture. Many Irem designers, including producer Kazuma Kujo, gathered to form a new company called Granzella to continue creating video games. Irem refocused to become primarily a slot-machine and pachinko developer, the industry it was in before turning to video games. Irem has been popular in Japan with games like Photoboy for the PCвЂ…Engine and InвЂ…theвЂ…Hunt for arcades.ДЄs a result of the 2011вЂ…TЕЌhokuвЂ…earthquakeвЂ…andвЂ…tsunami, Irem canceled the majority of its remaining video game projects, including ZettaiвЂ…ZetsumeiвЂ…ToshiвЂ…4:вЂ…SummerвЂ…Memories and PoncotsuвЂ…RomanвЂ…DaikatsugekiвЂ…BumpyвЂ…TrotвЂ…2. Irem is known internationally for three 1980s arcade games: MoonвЂ…Patrol (1982 licensed to Williams Electronics in North America), the earliest beatвЂ…'emвЂ…up, Kung-FuвЂ…Master (1984), and the scrollingвЂ…shooter R-Type (1987). Irem Corporation was founded in 1974 as IPM and still exists today under the name of Apies. It was established in 1997 by its parent company Nanao (now Eizo) for the purpose of taking over the development department of the original Irem Corporation, that had left the video game industry in 1994 to concentrate itself on the rental and sales of coin-op electronics.

#Hyperspin project wiki full#

The full name of the company that uses the brand is Irem Software Engineering.

The company has its headquarters in Chiyoda,вЂ…Tokyo. Irem Software Engineering is a Japanese videoвЂ…gameвЂ…console developer and publisher, and formerly a developer and manufacturer of arcadeвЂ…games as well.