RPGFan


Sega and Sammy Team Up
12.08.03 - 2:10 PM

Sammy has announced the acquisition of 39,148,600 Sega shares valued at 45.3 billion yen ($420.65 million USD) from CSK. This makes the Pachislot giant Sega's largest shareholder (owing a stake of 25.4%) and made the company behind Sonic, Virtua Figher and Sakura Taisen an affiliated company accounted for by the equity-method. Sammy founder and president Hajime Satomi mentioned his company would be interested in acquiring an even greater stake in one of Japan's largest third party publishers at a later point.

A proposed merger between Sammy and Sega fell through in the last minute earlier this year, following a disagreement over the share exchange ratio. The breakdown of the negotiations with both Sammy and Namco led to the resignation of then-Sega president Hideki Satou and the appointment of former Hitmaker CEO Hisao Oguchi as his successor. Under Oguchi, Sega has not only drastically changed the organisational structure of its internal development teams, but also found its way back into the black.


Back
Chris Winkler





Coming Up on Twitch

Breath of Fire IV
May 29 • 9:00am PDT/12:00pm EDT

Atelier Sophie: The Alchemist of the Mysterious Book
June 5 • 9:00am PDT/12:00pm EDT

Lunar 2 Begins!
Every Monday • 5:00pm PDT/8:00pm EDT

Grandia II Continues!
Every Wednesday • 2:00pm PDT/5:00pm EDT

Featured Content
Breath of Fire 6 OST -Pulse-
Breath of Fire 6 OST -Pulse-
Music Review
Editorial: Celebrating 10 Years of Steambot Chronicles
Celebrating 10 Years of Steambot Chronicles
Editorial
Retro Encounter Bonus Round: SNES Encounter
Retro Encounter Bonus Round: SNES Encounter
Podcast
Nelly Cootalot: The Fowl Fleet Review
Nelly Cootalot: The Fowl Fleet
Review
Retro Encounter 14: The World Ends With You - Final Thoughts
Retro Encounter 14: The World Ends With You
Final Thoughts
Root Double Before Crime*After Days: Xtend Edition Review
Root Double Before Crime*After Days: Xtend Edition
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter