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Nintendo buying Sega?

Author: Dicetomato
Published: December 27th, 2000
This was unexpected. Is Nintendo really buying Sega?

According to New York times,

Nintendo and Sega's executives were holding discussions that could lead to Nintendo's acquiring Sega for about $2 billion. They said the terms of the transaction were still being negotiated

It is true that both spokesmen denied about this happening, but it is also true that they held discussion.

Sega was the first to introduce a 128 bit system. Ever since Playstation 2 came out, Sega's stocks has fallen 17.5% in the fourth quarter. Sega's chairman, Isao Okawa, has been trying to sell Sega for a while and wants to join the team of microsoft's Xbox.

If Nintendo acquires Sega and competes with Sony, it would be a big competition between them.

We will keep you updated with this news.

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