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Sega and Sammy Finally Merge

Filed under: General Gaming
Posted by Jeremy on May 18, 2004 10:14 AM
Comments (0) |

Today in Tokyo, Sega, maker of the "Sonic the Hedgehog" series and Sammy, maker of pinball pachinko slot machines finally became one company in a $1.4 billion deal. Last year, Sammy tried to do the same, but only succeeded in gaining a 22 percent stake in Sega with no merger. Now, Sammy has what it wants; the two companies are one. Sammy hopes that Sega's worldwide brand name and library of games will help its popular Japanese arcade and gambling machine business. Sammy's president, Mr. Satomi, will head the new company. You an send all wedding gifts care of Sonic the Hedgehog. Read more...

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