Sega chiude baracca. (sort of)
"Sega Europe will be finally closed in the coming months as well as all the local branches in Europe like Sega France. This is partly a consequence of the ineffectiveness of Sega's strategy over the past several years of developing games by western developers.
At the same time, Sega will also announce, according to these sources, they will no longer develop AAA games on consoles, but will focus on digital games, notably for cell phones and tablets.
Sega's last big title developed by Creative Assembly will be presented at E3 2012 in a few days. Furthermore, Sega will not be at Gamescom 2012."