Sega Sammy Holdings, the Japanese maker of popular games such as Sonic the Hedgehog, is to acquire GAN, the online gaming company founded by Dermot Smurfit jr, for around $107.6 million, the company has announced in a new stock exchange filing.
The sale is the culmination of a long strategic review process by the company after a period of struggling share price and revenue performance.
As part of the deal, Sega Sammy will pay $1.97 …