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"Sega may be bought out...."

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Sat 01/03/03 at 11:09
Regular
Posts: 787
Today’s Wall Street Journal is reporting that Microsoft and Electronic Arts are both investigating the possibility of a purchase of part or all of struggling Sega Corp. The report stressed that no formal talks have yet been held and that a deal is not imminent.

Sega’s current plan is to merge with Sammy Corp. by October 1 of this year. The proposed merger with a maker of pinball, pachinko, and other coin-operated arcade games has met with skepticism in the investment community and is reportedly the cause of internal dissention within Sega.

Both Microsoft and Electronic Arts could potentially benefit from a purchase of Sega. Microsoft is always looking to add to its stable of developers to produce exclusive Xbox titles, and a purchase by Electronic Arts would remove a competitor. Both companies are also trying to bolster their presence in Japan.

Spokespeople at Microsoft and Electronic Arts would not comment on an impending deal, and a Sega spokewoman said that the company had not been approached.

Microsoft and Electronic Arts have also reportedly expressed interest in buying Vivendi Universal’s games unit, which was put on the block earlier this year.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

From GameMArketWatch.com

Thoughts?
Sat 01/03/03 at 11:44
Regular
"Jog on, sunshine"
Posts: 8,979
I saw this on CNN yesterday. Damn Microsoft, and EA aren't any better either.


Still, I laughed when I saw that MS wasn't fairing too well on the stock market...
Sat 01/03/03 at 11:34
Regular
Posts: 11,038
Think about that though, the brilliant SEGA developers would give them a 10% quality boost.
Sat 01/03/03 at 11:29
Regular
"Ar-gen-tina!"
Posts: 8,818
Typical Bill Gates: "If we can't beat them, buy them"
Sat 01/03/03 at 11:26
"Darkness, always"
Posts: 9,603
If EA bought SEGA, it would be nothing short of a tragedy.
Sat 01/03/03 at 11:19
Regular
"aka [EIRE] Taig"
Posts: 331
I would love to see sega back, but I'm not too sure of MIcrosoft buying them, if microsoft bought them would that mean that they would have the rights to sonic and other great sega characters
Sat 01/03/03 at 11:17
Regular
Posts: 11,038
They're monopolizing the market!! No more SEGA beauties!!
Sat 01/03/03 at 11:09
"slightlyshortertagl"
Posts: 10,759
Today’s Wall Street Journal is reporting that Microsoft and Electronic Arts are both investigating the possibility of a purchase of part or all of struggling Sega Corp. The report stressed that no formal talks have yet been held and that a deal is not imminent.

Sega’s current plan is to merge with Sammy Corp. by October 1 of this year. The proposed merger with a maker of pinball, pachinko, and other coin-operated arcade games has met with skepticism in the investment community and is reportedly the cause of internal dissention within Sega.

Both Microsoft and Electronic Arts could potentially benefit from a purchase of Sega. Microsoft is always looking to add to its stable of developers to produce exclusive Xbox titles, and a purchase by Electronic Arts would remove a competitor. Both companies are also trying to bolster their presence in Japan.

Spokespeople at Microsoft and Electronic Arts would not comment on an impending deal, and a Sega spokewoman said that the company had not been approached.

Microsoft and Electronic Arts have also reportedly expressed interest in buying Vivendi Universal’s games unit, which was put on the block earlier this year.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

From GameMArketWatch.com

Thoughts?

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