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Sega Cancels Merger With Sammy

Posted by simoniker on from the crazy-taxing-negotiations dept.

After many complicated and confusing rumors, Bloomberg Japan seems to have confirmed that Sega Corp has abandoned plans to merge with Sammy. Apparently, Sega couldn't agree financial terms with Sammy, who specialize in pachinko machines, and also have some home and arcade-based videogame development. The front-runner for a Sega merger/sale is now Namco, but Microsoft and Electronic Arts have also been mentioned as possible suitors. The saga continues..

2 of 157 comments (clear)

  1. Re:Sammy? by nsda's_deviant · · Score: 5, Informative

    Sammy is japan's largest pachinko operater, US articles say pinball but its really Pachinko, Japan's equivalent to the slot machine. There was a lot of annalysts questions the merger of Sammy-Sega because both companies don't have a lot in common except the arcade business, and the arcade business has been sliding for years. And yes, Sega is starting to get desperate.

  2. Parrent post is a troll by Krilomir · · Score: 3, Informative

    Please, people. Just look at his previous posts on slashdot. This guy hasn't worked for Sega.