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News Article Title : Sega and Sammy Merge
Category : General Gaming
Date Added : 2004-05-19 00:25:13
Written By : Probed Out (Matt)

It is know known that Sega and Sammy have now merged into one entity in the gaming industry.

The new company (Sega Sammy Holdings Inc.) will be headed by the Sammy Chief Executive Hajime Satomi, as Sammy owns a 95.3% stake in the company. Sega Sammy is expecting to make at least 1 billion dolars profit in the 2005-2006 business year, together they have already reached 440 billion yen, or 3.84 billion US dollars, which translates to almost 5.6 billion Australian dollars.










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