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Sega/Sammy merger now official - Printable Version

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Sega/Sammy merger now official - Great Rumbler - 18th May 2004

Quote:For a few months Sega and Sammy have been more "will they wont they?" then most of the couples on television. It is now official, Sega and Sammy are to merge.

After purchasing a 22.4% stake in Sega last year Sammy are now to fully merge with them. The new company, to be called Sega Sammy Holdings Inc., will be Japan's biggest software company, a title previously held by Konami.

Last year the companies earned 440 billion yen so it looks promising for the new company. The merger will be complete by October 1st but it is not certain how it will affect Sega's future in the gaming industry.

Sammy president Hajime Satomi, the head of the new company, said, "By integrating our operations, we will strive to become the world's number one entertainment company at an earliest time."

We will report with any developments in the case as soon as we get the news.

Cube-Europe


Sega/Sammy merger now official - A Black Falcon - 18th May 2004

Sammy is coming up in the world... taking over Sega, getting some control over SNK...


Sega/Sammy merger now official - OB1 - 18th May 2004

This can't be good news.


Sega/Sammy merger now official - A Black Falcon - 18th May 2004

Probably not, no...


Sega/Sammy merger now official - Great Rumbler - 18th May 2004

It isn't usually a good thing when a big corporation takes over a gaming company, especially when that corporation doesn't develop games itself.


Sega/Sammy merger now official - A Black Falcon - 18th May 2004

They develop a few... they made the Atomiswave platform, and make Guilty Gear... but yeah, they mostly do other stuff.


Sega/Sammy merger now official - UltraMarioMan - 13th June 2004

Its less a merger and more a hostile takeover of Sega by Sammy... :(


Sega/Sammy merger now official - Great Rumbler - 13th June 2004

Yeah, that's basically what it is.


Sega/Sammy merger now official - A Black Falcon - 13th June 2004

Poor Sega...


Sega/Sammy merger now official - Great Rumbler - 13th June 2004

Hopefully they won't mess with Sega too much.


Sega/Sammy merger now official - A Black Falcon - 13th June 2004

Missed the story about how they're going to merge all the Sega studios into one? Sammy wants Sega more centralized... I don't know what'll happen with it but whatever it is it can't be good...


Sega/Sammy merger now official - Geno - 14th June 2004

...fuck. I really liked Sega too. :(