Sega & Sammy Merging!

Vicman

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Sega & Sammy Merging!

http://www.rpgfan.com/news/2003/1147.html

"As a further sign of consolidation in the industry, Sega and Sammy have announced their merger effective October 1st 2003. While many details still need to be worked out, the merger aims to improve the two company's financial situation by using synergy effects. The new company plans to be present in various segments, ranging from the amusement sector to console games, and to fuse their management resources, development power and worldwide brand power in order to build a successful new partnership. Whereas Sega has focused more on console games recently, Sammy's core business is still arcade machines. The new company will be headed by Sammy president and No. 1 shareholder Isao Satomi. "


http://www.the-magicbox.com/gaming.htm
" Sega and Sammy announced the two companies will merge on October 1. Sammy's president Hajime Satomi will become the president of the new company. Sega will hold 54% stocks of the new company and Sammy will hold 46%. The merger details and agreement will be signed by the end of May, and a shareholder's meeting will be held by the end of June."

http://spong.com/index.asp?art=4436
http://www.gamesindustry.biz/content_page.php?section_name=pub&aid=1236
http://www.gamers.com/news/1315882/

Holy Shiz!!!
 
I just hope that either the merger happens or MS buys Sega, because I cannot fathom Sega & EA being one. Especially after the way EA turned their backs on Sega with no support of the Dreamcast and being essentially in bed with Sony. Poor form for EA since Sega was the company who made them famous (Genesis/Madden Series).
 
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