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SGAMY SEGA SAMMY HLDGS INC SPON ADR EACH 4 REP 1 NPV

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  • 3.207
  • +0.057+1.81%
Close 02/27 16:00 ET
2.77BMarket Cap8.29P/E (TTM)
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    Chinese games juggernaut NetEase is attracting some of gaming's top talent as the industry pivots towards free-to-play live games

    Just a bit ago, Hiroyuki Kobayashi left Capcom after nearly three decades to join NetEase $NetEase(NTES.US)$ . Kobayashi served as producer at Capcom for 27 years and helped create and ship some of the company's most popular and best-selling games across franchises like Dragon's Dogma, Resident Evil, and Devil May Cry. Kobayashi will serve as a producer at NetEase to he...
    Chinese games juggernaut NetEase is attracting some of gaming's top talent as the industry pivots towards free-to-play live games
    Chinese games juggernaut NetEase is attracting some of gaming's top talent as the industry pivots towards free-to-play live games
    Sega and Microsoft reached a strategic cooperation to bring players a high-quality gaming experience
    $Microsoft(MSFT.US)$$SEGA SAMMY HLDGS INC SPON ADR EACH 4 REP 1 NPV(SGAMY.US)$ Sega Sammy Holdings said on Monday that it will form a strategic cooperation with Microsoft (MSFT.US) to use Xbox's cloud gaming technology to develop large-budget games. This move may indicate that the cooperation between the two parties will be further deepened.
    Sega said in a stock exchange statement that the company is exploring the production of global-oriented games on the Microsoft Azure cloud platform, but did not provide details including whether the transaction involves exclusive rights or capital investment in the game.
    Sega said: "Through cooperation with Microsoft, we will jointly seek to establish more technological development, with the goal of optimizing the development process, and using Microsoft Azure cloud technology to bring players a high-quality experience."
    Article excerpted from the US Stock Research Agency
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