Sega isn't open to acquisition talks but is 'very close' with Xbox

Despite having a"great relationship" with Microsoft and its management team, Sega says it's not open to acquisition talks.

Earlier this week, evidence shown during Microsoft's FTC trial revealed that the company was interested in acquiring Sonic the Hedgehog owner Sega in 2019, along with a . Sega has now said it's not open to acquisition talks, although its answer of"no, not now" doesn't sound overly definitive., Sega co-chief operating officer Shuji Utsumi said"No, not now" when asked if the company was open to acquisition talks. Utsumi also refused to answer if Microsoft had approached Sega formally about an acquisition.

Microsoft has had a good relationship with Sega for a long time now, and in 2021 the companies announced that they were considering a partnership to support Sega in pursuing the development of big-budget games. Despite the strong relationship between the two firms, it doesn't look like an acquisition will be going ahead any time soon, especially while Microsoft continues to nail down its Activision Blizzard deal.

“We are very close with Microsoft and have a great relationship with its management team,” Utsumi said. “Microsoft particularly has a high regard for us. Xbox’s Phil Spencer and Sarah Bond are really serious about values that video game fans emphasize.”

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