Sega Completes Acquisition of GameWorksAuthored by Mark Hefflinger on November 3, 2005 - 6:08am.
Glendale, Calif. - Sega Entertainment U.S.A. Inc. (SEUI), an American unit of the Japanese video game publisher, announced on Thursday that it has completed its acquisition of the assets of GameWorks, a location-based entertainment business. GameWorks currently operates 14 restaurants with expansive video game arcades. Founded in 1997, with backing from Steven Spielberg's DreamWorks studio -- which withdrew support for the company in 2001 -- GameWorks would later file for Ch. 11 in 2004. Sega said it named former Coca-Cola executive Ben Kitay to serve as president and COO of SEUI, which will oversee GameWorks. The company plans to invest in updating the games offered in GameWorks locations over the next year.
http://tinyurl.com/934p8 http://www.sega.com http://www.gameworks.com |
Upcoming DMW Events
December 8, 2009 | Santa Monica, CA www.lafilmconference.com
January 8, 2010 | Las Vegas, NV www.digitalmediainsider.com
Feb. 24-25, 2010 | New York, NY www.digitalmusicforum.com Events Calendar Submit a Speaker To receive event updates & announcements:
Recent comments
NavigationUser loginAds |
Daily Newsletter and NetworkingLatest Top Stories
DMW Widget - Grab it and embed!Latest Briefly Noted
PollOther Ads |
Comments
Post new comment