http://kotaku.com/5135110/jaleco-hol...-game-business
Jeleco Holdings was the company that owned the subsidiary Jaleco. They Sold Jaleco to GAME YAROU, an online game company.
Jaleco was struggling for years.
I know Jaleco also was working on Kizuna for the Wii.
Kizuna was one the more promising games for the Wii in 2009 according to http://news.vgchartz.com/news.php?id=2811 .
I don't know how they lasted this long before selling .
The question is now if GAME YAROU will allow the subsidiary Jaleco to finished up the games they were working on.