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July 16, 1996 | From Times Staff and Wire Reports
Video game giant Sega Enterprises, struggling in the face of intense competition from Sony and Nintendo, announced Monday that the head of its U.S. unit, Tom Kalinske, will leave the company as part of a sweeping management shake-up. Kalinske, a well-known figure in the video game business, will take a job Oct. 1 as head of Education Technology LLC, a Los Angeles-based start-up formed in March by Oracle Corp. Chairman and Chief Executive Larry Ellison and former junk bond king Michael Milken.
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BUSINESS
July 16, 1996 | From Times Staff and Wire Reports
Video game giant Sega Enterprises, struggling in the face of intense competition from Sony and Nintendo, announced Monday that the head of its U.S. unit, Tom Kalinske, will leave the company as part of a sweeping management shake-up. Kalinske, a well-known figure in the video game business, will take a job Oct. 1 as head of Education Technology LLC, a Los Angeles-based start-up formed in March by Oracle Corp. Chairman and Chief Executive Larry Ellison and former junk bond king Michael Milken.
