Feeds

Sega denies talks with Infogrames, Midway

Just looking, not buying

  • alert
  • submit to reddit

Build a business case: developing custom apps

Sega director, Hiroyuki Soga, has quashed rumours that suggested the games giant is looking to buy software houses Infogrames and Midway.

It seems no definitive plans to buy any companies have yet been decided.

His comments follow an article in the Wall Street Journal Europe a couple of weeks ago, where Sega COO, Tetsu Kamaya, announced that the company was in talks to acquire US and European software houses.

These mixed signals may represent a bit of back-pedalling from Sega; it's unlikely that the company realised what a reaction there would be to the news that it was on the acquisition trail.

Several troubled companies saw their share prices boosted by the possibility that they could be rescued by a buy-out.

Midway's share price has fallen over 70 per cent this year.

And Infogrames is considered to be in difficulties due to large corporate debts despite a strong product line-up and recent re-organisations. © gamesindustry.biz

Secure remote control for conventional and virtual desktops

More from The Register

next story
'Stop dissing Google or quit': OK, I quit, says Code Club co-founder
And now a message from our sponsors: 'STFU or else'
Why has the web gone to hell? Market chaos and HUMAN NATURE
Tim Berners-Lee isn't happy, but we should be
Microsoft boots 1,500 dodgy apps from the Windows Store
DEVELOPERS! DEVELOPERS! DEVELOPERS! Naughty, misleading developers!
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Linux turns 23 and Linus Torvalds celebrates as only he can
No, not with swearing, but by controlling the release cycle
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
This is how I set about making a fortune with my own startup
Would you leave your well-paid job to chase your dream?
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.