Sega to Merge Operations with Japanese Amusement Game Maker Sammy Corp.
Tokyo -- Japanese video games firm Sega announced on Thursday that it plans to integrate its operations with those of pachinko game machine manufacturer Sammy Corp., as a means of cutting down on costly game development expenses. The companies have not yet decided how they will merge or what form the transaction will take, but expect the merger to be completed by Oct. 1. Sammy president Hajime Satomi will become president of the merged company, which will be worth a combined $2.4 billion.
http://www.sega.com
http://www.sammy.co.jp/english
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