Tokyo, March 27th 2006 in a surprise move Sammy Holdings (news|quote|link) has announced that it has acquired floundering video game publisher and developer Capcom, Inc. (news|quote|link). Combined with the company’s 2004 acquisition of SEGA Enterprises (news|quote|link), a new came company has been formed: Segacom.
Sammy (news|quote|link) CEO Hajime Satomi will be taking the reigns of the new company. “With amazing Sammy properties such as Guilty Gear and established Sega (news|quote|link) brands in the names of Naka-san’s Sonic the Hedgehog, Suzuki-san’s Virtua Fighter combined with the famous brands of Capcom (news|quote|link) like Megaman and Resident Evil, Segacom will be an international dominating force,” said new Segacom CEO Satomi in a press release.
Former Capcom (news|quote|link) CEO, Kenzo Tsujimoto, resigned in protest of the merger. Tsujimoto declined to comment on the merger. Sammy (news|quote|link) scheduled a Friday press conference to reveal addition details about the new company. Tsujimoto is on that roster.
In a separate Sammy (news|quote|link) press release following the announcement, the company revealed plans to market a new game console by 2008. “With exclusive brands and franchises that only Segacom can provide and offer, fans will purchase our console before a Sony one.”
Following the Sammy (news|quote|link) announcement Nintendo Co. (news|quote|link) have scheduled a Wednesday press conference. Sony (news|quote|link) and competitor Microsoft (news|quote|link) have yet issue responses to the news.
About Sammy Studios, Inc.
Sammy Studios was founded in 2002 as the global videogame development and publishing subsidiary of Sammy Corporation. Sammy Studios is responsible for internal and external videogame development and publishing business in North America and Europe. The company’s headquarters is a state-of-the-art development complex in Carlsbad, California, with an office in Los Angeles handling licensing and business development. Later this year Sammy Studios will release its first internally developed videogame, along with the biggest portfolio of externally developed games ever to be published under its brand. The company is a wholly-owned subsidiary of Sammy Corporation of Tokyo, Japan, an entertainment and amusement conglomerate that is one of the top-rated companies traded on the First Section of the Tokyo Stock Exchange. For more information, please visit
www.sammystudios.com.
MEDIA CONTACTS:
Meelad Sadat
Sammy Studios, Inc.
(760) 448-3061
[email protected]
Rannie Yoo
Kohnke Communications
(415) 777-4000
[email protected]
About Sega Corporation
Tokyo, Japan-based Sega Corporation is a nearly $2.5 billion company, responsible for the development, marketing and distribution of Sega video game systems and video games in the global market. The company is recognized as the industry leader in interactive digital entertainment media, offering interactive entertainment experiences both inside and outside the home. Sega Corporation’s official web site is located at
http://sega.jp.
About Capcom
As a worldwide leader in the gaming industry, Capcom is on the forefront of this new cutting-edge technology, and is proud to have produced a number of hit products such as Mega Man, Street Fighter, Onimusha, Devil May Cry and Resident Evil. Capcom will continue to provide customers with the best possible forms of innovative entertainment in this new and exciting media.
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For additional information about the product, please contact Capcom's support center at (+81-6-6946-3099) or visit
www.capcom.co.jp.
Press inquiries may be directed to:
Capcom Co., Ltd.
Public Relations Office (Tanaka or Tamoto)
(Email)
[email protected]
(Address) 3-1-3, Uchihiranomachi, Chuo-ku, Osaka, 540-0037, Japan
(Tel)+81-6-6920-6923 (Fax) +81-6-6920-5108
Translation provided by Tetsuo Yu
