Sega Sammy Holdings

From WE Computers Museum
Sega Sammy logo.png
Sega Sammy Holdings
Type Public
Founded October 1, 2004
Headquarters Tokyo, Japan
Key people Hajime Satomi, founder
Industry Video games
Products Video games
Number of people 7,535
Website http://www.segasammy.co.jp/

Sega Sammy Holdings Inc. (セガサミーホールディングス株式会社, Sega Samī Hōrudingusu Kabushikigaisha), trading as Sega Sammy, is a holding company created from the merger of Sega and Sammy.

History

In February 2003, Sega and Sammy announced their intentions to merge, with Sammy founder Hajime Satomi leading the new company. However, before the end of the year, the deal fell apart.

Satomi purchased a controlling share of 22.4% of Sega through Sammy and forced out Sega's executives. Satomi was installed as chairman. In May 2004, Sega and Sammy again announced intentions of merging. Sammy's hostile takeover of Sega finalized on October 1, 2004, forming Sega Sammy Holdings.

Hajime Satomi owns a majority in Sega Sammy, with 11.97% of shares.