Sega Exec Doesn’t Believe the Company is Going to Get Acquired

"I don’t think that kind of transaction is going to happen," says chief operating officer Shuji Utsumi.

Posted By | On 15th, Nov. 2023

sega logo

From Yakuza/Like a Dragon and Persona getting Xbox releases to several of its major titles being day one Game Pass games, Sega has had an excellent relationship with Microsoft in even years, to the point that the Japanese company was even one of several being eyed by Microsoft as an acquisition target. And with the industry caught up in an acquisitions race in general, whether or not Sega is a company that will also get snapped up by a larger group is a question that’s been asked by many.

That, however, doesn’t seem to be on the agenda for Sega itself. Speaking recently with CNBC, when asked about whether Sega has any interest in being acquired, chief operating officer Shuji Utsumi said that though the company has drawn interest from many parties owing to its strong umbrella of IP, he doesn’t believe an acquisition is going to happen.

“Many companies are interested,” Utsumi said. “We feel honored. We have attractive IPs and potentials. Companies owned by the owner. A strong owner. I don’t think that kind of transaction is going to happen.”

That said, though Sega isn’t interested in being acquired, it does plan on acquiring other studios to boost its own portfolio. Recently, the company completed the acquisition of Angry Birds developer Rovio.

“As an entity of Sega Sammy, we are acquiring some of the companies,” he said. “We just made an announcement [to buy Rovio]. We are still looking for opportunities for growth.”

Sega has a number of major releases lined up for the coming months, with Like a Dragon: Infinite Wealth launching in January, Persona 3 Reload in February, and Metaphor: ReFantazio also confirmed for 2024.


Tagged With:

Keep On Reading!

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

Virtua Fighter Crossroads is An “Open Sandbox RPG,” Says Producer, Where “Player Choice Matters”

RGG Studio's Riichiro Yamada also promises a "lot of side content", including "side quests with the old cast" ...

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

Star Wars Eclipse “Simply Cannot Be Completed” if Quantic Dream Proceeds With Layoffs, Say Devs

After announcing layoffs for 115 employees following the failure of Spellcasters Chronicles, developers are st...

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

Dinoblade Launches on July 23rd, Prehistoric Souls-like Combat Showcased in New Trailer

What began as a humble series of animations by Jean Nguyen back in 2022 has evolved into a full-fledged PC tit...

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

Grand Theft Auto 6 Has Seen “Record” Pre-Orders on Xbox Series X/S, Clarifies Microsoft

An Xbox spokesperson said that recent estimates "don't represent pre-order data" and that people should "wait ...

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

Grand Theft Auto 6 Won’t Get a Disc-Based Physical Copy, Despite Recent Reports – Rumor

A "source with knowledge of the plans" told The Hollywood Reporter that it's not on the cards, either at launc...

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

Assassin’s Creed Black Flag Resynced Showcases Havana’s Astonishing Glow-Up and Authenticity

From changes in lighting due to nightfall or different types of rainfall and winds, the city looks better than...