Sega Looking For Growth, Possible Buyout Targets
After two buyouts in 2005 and one in 2006, Sega slowed down its previously nonexistent acquisition activity. But that may change soon, as Sega Europe exec Mike Hayes told MCV the company is prepared to expand, both in terms of staffing and acquiring new studios.
"Like most other publishers we are always on the look-out for new signings--product or company," Hayes said. Sega has ramped up its internal hiring in recent years--a trend Hayes says will continue.
"We have taken staff on at a rapid rate simply because we have been building our infrastructure," he told MCV. "For the most part this 'establishment' strategy is complete. However we are still looking for several key staff to continue our growth."
The company's last acquisition was the 2006 buyout of London-based developer Sports Interactive, known for its Football Manager series of games.
Comment on this story2 Comments
The Video Game Release List of 11/23 - 11/29
Sources: Gearbox Shelves Aliens Title Amid Layoffs (Updated)
CERN's Freeman Picks Up Crowbar from Gamers, Begins Saving the World
Analyst: Only 4% of Games are Profitable
New Fallout 3 Patch in the Works
Grand Theft Auto 4 PC Coming to Steam, Vice City Pre-order Bonus Announced
