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  • Microsoft cancels a video game deal

    07/17/2002 12:05:08 AM PDT · by JameRetief · 4 replies · 486+ views
    Red Herring ^ | July 16, 2002 | Dean Takahashi
    Microsoft cancels a video game deal The company tried to invest cash in Sega so that the Japanese video game publisher could rival game publisher Square.By Dean Takahashi July 16, 2002 Microsoft hasn't bought any game publishers to bolster the fortunes of its Xbox video game console, but not through lack of trying.This spring the Redmond, Washington, software giant almost struck a deal with Sega Enterprises to buy a controlling stake in the Japanese game publisher. But the deal turned out to be too complicated to pull off before the industry's big trade show, the Electronic Entertainment Expo, which took...