which were released under their JAQNO brand name. A North American office, Jaleco USA, opened in Wheeling, Illinois – this division commonly published other third-party video games for both the NES and SNES consoles, notably Maniac Mansion and R-Type III, alongside distribution of Jaleco video games in the United States. In late 1993, Jaleco's North American division departed from the arcade game scene, becoming solely a producer of games for home platforms. By 2000, Jaleco was struggling financially, being unable to produce a hit video game in several years. To keep the company afloat, Jaleco was acquired by Hong Kong-based company PCCW on November 1, 2000, where they became the Japanese division of the company, renamed to PCCW Japan. Heavy company restructuring was performing, with Jaleco's arcade division and other non-profitable areas of the company shuttering while retaining their home console video game division. In April 2001, PCCW Japan purchased the VR-1 Group, the holder of North American MMO developer VR-1 Entertainment, in order to have their operations expand globally. In October 2002, PCCW Japan merged Jaleco USA and VR-1 Entertainment into a new company, Jaleco Entertainment, relocating to Buffalo, New York. PCCW Japan was renamed back to Jaleco in 2004. They would continue to operate for several years as a subsidiary of PCCW, producing video games for home consoles and Japanese mobile phones, alongside soundtrack albums and applications for web browsers. In August 2005, PCCW sold off Jaleco to Sandringham Fund SPC, alongside the subsidiary company Hyperlink Investments Group. On May 31, 2006, Jaleco's board of directors () renamed the company to Jaleco Holding, having their video game operations spun-off into a new company also known as Jaleco, which would become a subsidiary of Jaleco Holding. The corporate restructure was done in order to establish the company's non-video game products. In October 2007, Hyperlink Investments Group sold its stock in Jaleco Holding to Game Yarou, a Japanese mobile phone developer, and two South Korean corporations, STIC Pioneer Fund and A2i. Jaleco Holdings dissolved two subsidiary companies, FFBC Investment and J Consulting, in early 2008. Jaleco's North American division, Jaleco Entertainment, closed their doors later that year. On January 15, 2009, Jaleco Holding sold off Jaleco to Game Yarou for a total of ¥1 (US$0.01); however, Game Yarou soon assumed ¥700,000,000 ($7.736 million) of Jaleco Holding's ¥16,000,000,000 ($17.68 million) loan. A spokesperson for Jaleco Holding cited "increasing competition in recent