Sign up for our newsletter - Navigating the horizon of business technology​
Technology / AI and automation

SEGA $4M STAKE IN “WORLD’S LARGEST GAMES FIRM” APPALOOSA

Which is the world’s largest independent entertainment software developer? If Sega Enterprises is to be believed, it is Mountain View, California-based Appaloosa Interactive Corp – but if the company really meets that description it is a little surprising that Sega reckons it is worth an investment of no more than $4m. Sega has invested that sum and in return gets Sega of America’s chairman and chief executive Shoichiro Irimajiri onto the Appaloosa board. Sega says that for all Appaloosa’s 14-year history, it has been a strategic Sega development resource and the two have collaborated on dozens of titles including Ecco the Dolphin, A Year at Pooh Corner, and 101 Dalmatians. Appaloosa is currently developing several key titles for Sega’s 1997 line- up. The new cash is to help finance Appaloosa’s new Bonus.com the Supersite for Kids on the World Wide Web, which offers games and activities developed exclusively for the Supersite by Appaloosa, and a collection of World Wide Web pages chosen for their unique presentation and appropriateness for kids.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.