Sammy Finally To Purchase Sega
roadies writes "USAToday/Reuters has a story indicating that Japanese videogame/slot machine company Sammy is finally going to acquire Sega, following 'an unsuccessful attempt last year'." Gamesindustry.biz notes regarding the stock deal, worth $1.4 billion: "[Sammy president] Satomi-san, who will be president of the new merged company, has previously expressed his desire to see Sega focusing increasingly on the arcade market, and hopes to use the company's development talent and wealth of intellectual property to build on the success of Sammy's low-cost Atomiswave arcade system", and it's also argued: "The Sega acquisition will also give Sammy a strong base from which to build its overseas operations."
Instead, what do we get as a big annoucement? They are publishing "The Matrix Online". Oh yeah, that was worth hype.
A big part of me didn't buy that and thought that they either overhyped something, or something went wrong and they couldn't annouce it.
THIS makes perfect sense as a big annoucement. I think you're right. I think this was going to be the big annoucement and they had to hold off or something.
Comment forecast: Bits of genius surrounded by a sea of mediocrity.
Well, now we are probably going to be down another game developer. They really are dropping like flies today between acquisitions and bankruptcy. In their attempt to purchase Sega a year ago, didn't Sammy express an interest in getting Sega out of the gaming business and focusing more on their Pachinko gaming machines? The nostalgia behind Sega kind of makes this hurt.
http://www.tomandemily.com
I'm not really sure how this arcade thing will come into play in the US. I don't think there are very many arcades left here, although that DDR thing seems to be popular and I look forward to dropping $20 on a machine one day to try and get the hang of it.