EGW-NewsCOVID-19 Strikes: SEGA Sells Arcade Business
COVID-19 Strikes: SEGA Sells Arcade Business
Coronavirus0
0
8212
The coronavirus pandemic is hitting all industries, especially those that are already not very popular. So the arcade business hit the blow and SEGA is looking for ways out of this situation.
The company now intends to sell a key stake to Genda. Genda could get an 85.1% stake in SEGA. In this case, the amount of the transaction remains unknown.
Don’t miss esport news and update! Sign up and recieve weekly article digest!
Sign UpAt the same time, SEGA is not yet ready to abandon arcade machines completely. The company is considering a business restructuring and is ready to adapt to the conditions dictated by the COVID-19 pandemic.
Leave comment
Did you like the article?
0
0
Successfully copied... Thank you for sharing our content!:
Latest News
GTA 6 Will Still Have Physical Copies on Disc, Releasing in December 2026
48
Sony Aims to Achieve 4K Resolution and 120 FPS on the PlayStation 6 Using AI
185
Iconic Location from GTA: Vice City Confirmed to Appear In GTA 6
238
Quake at 30: Discussion With Apologies Between Carmack, Petersen, and Romero
231
James Bond Game 007 First Light Nears Its Switch 2 Debut
268
GTA 6 Is Predicted Sell Over 30 Million Copies and Generate $3 Billion in Revenue in Its First Year
747
Jason Schreier Predicts God of War Laufey Might Be Release In February or March of 2027
492
Comments