Sega not for sale

Shaggy March 6, 2008 0

Recently there has been a lot of talk regarding mergers and buy-outs between big gamesegasonic.jpg publishers in the gaming industry, such as with Activision and Vivendi or EA trying to buy-out T2. As such people have brought up the notion of Sega being bought out due to some recent disappointing financial results but that isn’t going to happen anytime soon, according to Sega Sammy’s US chief executive, Simon Jeffery. From a Reuters interview with Jeffery:

“That’s not an area we want to play in right now. We have no interest in being acquired, we are very happy with our position right now.”

“There is plenty of room for smaller companies to be successful and profitable in this business. You don’t have to be number one or number two. You can be number six very happily”

If a merger or buy-out were to occur, this would of course affect the US arcade division of the company. The only other arcade company that is owned by a major publisher for console/PC games is Taito, who are owned by Square.

[Via Gamasutra] [Discuss on the Forum]

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