According to Bloomberg.com, Sega Corp. and Sammy Corp. have announced plans for a merger to take effect on October 1st.
Hajime Satomi, president of Sammy, is set to lead the joined company. The 2 company's will hold a briefing soon. As always, we'll have more on the story as it develops.
Quotehttp://www.gamemarketwatch.com/news/item.asp?nid=759
Nintendo's president went on to predict a major shakeout by next year, a scenario that is supposedly expected by many in the industry.