News From [Month Year]:
Sega and 3Dfx Enter Agreement - 4/20/97 - 11:55:29 AM
NetLink Games Shipping Soon! - 4/2/97 - 3:24:21 PM
From Nikkei Industrial Daily
Sega Enterprises Ltd. will re-release a collection of popular software titles for the Sega Saturn 32-bit game machine, hoping to attract beginners to computer games with the lure of low prices, officials said. The company on April 25 will release five titles including Virtua Fighter 2, priced at 2,800 yen [$22 US]. The series of software titles covers various types from fighting games to puzzles. Sega plans to continue releasing five titles at a time at bargain prices during the summer and year-end holiday seasons.
In a SEC filing, 3Dfx interactive, the developers of the Voodoo graphics chipset, revealed details in their agreement with Sega concerning Sega's next console system. Here are some snippets from the filing, I have removed some of the legal junk so its more readable. You can also view the filing for yourself. Its 1.0MB and is in SGML format, but can be viewed at plain text as well.
"Of the 4,200,000 shares of Common Stock offered, it is currently anticipated that 700,000 shares will be purchased by Sega Enterprises, Ltd."
"In March 1997, the Company [3Dfx] entered into a Technology Development and License Agreement with Sega, under which the Company will develop and license to Sega the technology for a 3D media processor chipset for use in Sega's next generation home game console product. The Sega Agreement grants Sega the exclusive right for three years to the Company's architecture solely for use in home game consoles."
Here's some info on 3Dfx's current products as to give you an idea of what is coming...
From: Consumer Multimedia Report
After delay of several months, Sega of America will begin shipping videogames to be played online with Saturn Netlink accessory in May. Sega Rally Championship will be first title, followed by 4 other first-party games over summer. SOA wouldn't comment on exact installed base for $199 Web-browsing peripheral, but other sources said 10,000-15,000 have been sold. PlanetWeb, which developed browser for accessory, is working with Sega and Catapult to develop Internet interface to allow players to link up for modem-to-modem play.
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