Feeds

Sega president dies

Okawa goes to the Great Arcade in the Sky

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

So farewell then, Isao Okawa, president of Sega, who yesterday died of heart failure at the ripe old age of 74.

Okawa - as all the reports will tell you - made headlines recently by handing over to Sega staff ¥85 billion ($695.7 million) worth of shares in Sega and other companies, including CSK, Ascii and NextCom. The donation was made to ease the pain of the console maker's decision to cease Dreamcast production.

What isn't mentioned is that Okawa himself let slip the plan to abandon the hardware market back in late 1999, with the expected effect on the company's sales. Sega later maintained that Okawa's comments, made at the opening of a Japanese educational establishment, were taken out of context, but saying Dreamcast will be the last of its kind seems to us a pretty clear statement of intent.

Okawa went on to say that Sega's future lay in the software market, and indeed that's the direction it is now taking. ®

Related Stories

Sega president goes mad
Sega to ditch console biz?
Sega out to steal lead in console software biz
Sega moots console hardware exit

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.