Could Sega be bought out by another company?

"No, not now." SEGA isn't interested in being acquired by the likes of Sony or Microsoft at the moment according to co-chief operating officer Shuji Utsumi. When asked if the Japanese company is open to the idea of being bought out by another company, Utsumi responded to Bloomberg saying simply: "No, not now."

Are Sega & Sony about to develop a 32-bit console?

Over the past twenty years, former Sega of America president Tom Kalinske has often said that Sega and Sony were close to forming a partnership to co-develop a 32-bit console, but that Sega’s Japanese management shot down the idea. Recent evidence translated here for the first time adds new insight into this from the Japanese perspective.

Could Sega have partnered with Sony?

Sega’s primary strengths were in software development and in its long experience and brand recognition in the game industry. Although the terms of a potential partnership between the two companies were never discussed, it is possible, if not likely, that Sony would have handled hardware development while Sega focused on software.