April 18, 2003 |
Will Sonic the Hedgehog team up with Pac-Man? Sega Corp., maker of "Sonic" video games, got a last-minute merger bid on Thursday from Namco, creator of "Pac-Man." Sega accepted a merger proposal in February from Sammy Corp., a Japanese maker of casino slot machines. The merger was to be completed next month. Namco's proposal, terms of which were not released, may spark a bidding war for Sega, which has roughly $1 billion in liabilities and posted operating losses three of the last five years.
July 1, 2008 |
Purimopueru is a knee-high Japanese doll with soft, apple-spotted cheeks and big, black button eyes. It comes in green and pink, and when you cuddle it, it talks back. It's for grandmothers. The doll, an award-winner at last week's Tokyo Toy Show, is generating new sales among the elderly for creator Namco Bandai Holdings Inc. as Japan's birthrate drops.
February 6, 1985
Warner Communications said it signed a definitive agreement to sell a controlling interest in its coin-operated game company to Namco Ltd., Japan's leading arcade game manufacturer. Warner Vice President Geoffrey W. Holmes declined to disclose the terms of the deal, other than to say that Namco is purchasing "more than 50%." Atari Games is believed to have generated 1984 revenue of about $50 million.
September 11, 2002 |
Microsoft Corp. is in talks to acquire Rare Ltd., a game development studio that is 49% owned by Nintendo Co., according to sources close to the negotiations. A sale would be a coup for Microsoft, which launched its Xbox game console last year and is aggressively seeking premium titles for the box. Rare, based in Britain, has developed a reputation as a top-tier developer for Nintendo.
August 8, 2003 |
Seven video game companies, including Microsoft Corp., Eidos and Ubi Soft Entertainment, have qualified to bid in the auction for the assets of publisher 3DO Co., according to court papers filed Thursday. In a notice filed with the U.S. Bankruptcy Court in San Francisco, 3DO's attorneys said Microsoft, Eidos, Ubi Soft, Jowood Productions Software, Namco Hometek Inc., Turbine Entertainment Software Corp. and Crave Entertainment filed by Wednesday's deadline to bid in the Aug. 14 auction.
March 30, 2001 |
Attempting to succeed where others have failed, Microsoft Corp. Chairman Bill Gates today paid homage to Japanese video game fans as the software giant launches an aggressive campaign to push its Xbox game console in the land that gave the world Mario and Sonic. Microsoft plans to spend $500 million whipping up worldwide demand for its black-and-green game machine.