Sammy Finally To Purchase Sega

Posted by simoniker on Tuesday May 18, 2004 @09:32AM from the better-late-than-ever dept.

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."

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Re:[snarl] by Anonymous Coward · 2004-05-18 14:34 · Score: -1, Troll

Did either of you actually think this through before making wild guesses or stupid, racist comments? Why would Sammy buy SEGA to gut it of its key franchises?

The real answer is, this is a power move by Sammy to corner the used pantie vending machine and tentacle manga business. Sammy's president was quoted in the Wall Street Journal in reference to the acquisition as saying, "Me rikee pantie... Me rikee tentacura... Allez cuisine!"