posted on 2019-12-2503: 08 EST by Crystalyn Hodgkins.
Merger takes effect on April 1
Sega Sammy Holdings Inc. introduced on Tuesday that it is merging its Sega Games Co., Ltd. and Sega Interactive Co, Ltd. business with an efficient date of April 1 for the merging. Sega Games Co., Ltd will be the enduring company, yet under the new name Sega Corporation. Sega Sammy Holdings Inc. will certainly not be providing new shares for the merger as the merger is an absorption merger in between 2 entirely owned subsidiaries of Sega Sammy Holdings Inc.
Sega Games Co., Ltd. was established in June 1960, and also Sega Interactive Co., Ltd. was established in April2015 Sega Gamings Co., Ltd. manages planning, growth, and also sales of games for gaming consoles, PCs, and also mobile phone devices. Sega Interactive Co., Ltd takes care of growth as well as sales of enjoyment equipments.
Sega Holdings Co., Ltd. will likewise alter its name on April 1 to Sega Team Corporation.
Haruki Satomi will function as Head of state and also CEO of Sega Group Company,