Crazy Taxi

SEGA Dives Into its Legacy for New IP Initiative

Retrieved on: 
Friday, December 8, 2023
Electronic Games, Other Consumer, Technology, Teens, Entertainment, Software, Consumer, Licensing (Entertainment), Consumer Electronics, Hedgehog, IP, Skating, Magic, Multimedia, The Game, Jet Set Radio, The Game Awards, Golden Axe, SEGA, Crazy Taxi, Environment, Life, Video game, Rage

New games are currently in development for five of the company's legacy franchises: Crazy Taxi, Golden Axe, Jet Set Radio, Shinobi and Streets of Rage – all reimagined for modern audiences.

Key Points: 
  • New games are currently in development for five of the company's legacy franchises: Crazy Taxi, Golden Axe, Jet Set Radio, Shinobi and Streets of Rage – all reimagined for modern audiences.
  • Building off that success, we are digging into our legacy and reimagining several franchises to bring these games to more audiences around the globe,” says Co-COO of SEGA Corporation and CEO of SEGA of America, Shuji Utsumi.
  • To stay in the loop, fans can visit nextlevel.sega.com to sign up and receive all the latest updates on these SEGA projects and more.
  • For more information on SEGA of America and their titles, please visit sega.com .

Embracer Group enters into agreement to acquire Demiurge Studios

Retrieved on: 
Wednesday, August 18, 2021
Titan, Demiurge Studios, Titan Quest, Freedom, Glory, Marvel Puzzle Quest, Growth, SEGA, Transmission (mechanics), Embracer Group, Acquisition, Sabre, Epic Games, THQ, Electronic Arts, Fenwick & West, Earnout, Ubisoft, CEO, Rocket League, History, Saber Interactive, Crazy Taxi, AAA, Video game

STOCKHOLM, Aug. 18, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive Inc. ("Saber"), has entered into an agreement to acquire 100 percent of the shares in Demiurge Studios, Inc. ("Demiurge") from its current owners.

Key Points: 
  • STOCKHOLM, Aug. 18, 2021 /PRNewswire/ -- Embracer Group AB ("Embracer"), through its wholly owned subsidiary Saber Interactive Inc. ("Saber"), has entered into an agreement to acquire 100 percent of the shares in Demiurge Studios, Inc. ("Demiurge") from its current owners.
  • "Demiurge is one of the most highly respected development studios in the world.
  • Demiurge fits perfectly into the Saber/Embracer ecosystem and we have plans for immediate and rapid growth as part of the company", says Kurt Reiner, CEO of Demiurge Studios.
  • Ernst & Young AB is providing transaction support and Baker McKenzie is acting as legal counsel to Embracer in the transaction.