Sega announced that it would officially pull out of the console market and become a third party developer and publisher, which is how it operates today. On October 1st, 2004, they merged with Japanese pachinko companySammy Corporationto formSega Sammy Holdings; Sega Corporation still exists as a...
The attack against Sega, a division of Sega Sammy Holdings that makes game software such as Sonic the Hedgehog as well as slot machines, follows other recent significant breaches including Citigroup, which said over 360,000 accounts were hit in May, and the International Monetary Fund. Data of...
Not all stories have a happy ending. SEGA is not dead, but they may be in shackles. Since the Sammy takeover, the flow of internally-developed SEGA games has slowed to a small fraction of what it once was. Arcade operations have been pared down sharply, and Western developers have been ...
After this things started taking a turn with Sammy buying a controlling share of the company in 2004 at a cost of $1.1 billion. Sega has since been able to turn a profit releasing many successful franchises such as Sonic for all the consoles. The company is now making about $513 million...
Seriously if they carry on like this I can unfortunately see Sega leaving the hardware race, being snatched up by Sammy Corporation in 2004, then, ultimately just languishing in digital purgatory like an empty husk of the fantastic company they once were. WHAT!?... Oh! Seriously tho...