It has been revealed today that Arc System Works has acquired all of the rights to Technos Japan's back catalogue. This includes hits such as Double Dragon, the Kunio-kun series and Super Dodge Ball.

Double Dragon is one of the most famous fighting game franchises in the world, and spawned multiple sequels and even a Hollywood movie. Kunio-kun is still a big draw in Japan, and River City Ransom - one of Technos' most popular western releases - is part of that series.

Technos Japan went bust in 1996 but its IP was snapped up by Japanese company Millions Co., Ltd in 2001. Millions went on to publish several new games in each series.

Here's the official PR:

Arc System Works, developer of world-class fighting games such as the Guilty Gear and BlazBlue series, is excited to announce that effective June 1st, 2015, all Intangible Property Rights of all titles previously owned by Technos Japan Corp.™, including but not limited to the "Double Dragon" series, "Super Dodge Ball" series, "River City Ransom", and the "Kunio-kun" series, has been transferred from Million Co., Ltd. to Arc System Works Co., Ltd.

With Arc System Works in the driving seat, we could see a flood of new entries in these franchises. We'll take a new Double Dragon rendered in the same style as Guilty Gear Xrd, thanks very much.