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Short Take: 3DO completes hardware sell-off

Entertainment software maker 3DO has completed the sale of its hardware business to Samsung for $20 million in cash, completing 3DO's transformation into a video game software company. Samsung will form a new company based in Silicon Valley focusing on multimedia systems and semiconductor products.

Entertainment software maker 3DO has completed the sale of its hardware business to Samsung for $20 million in cash, completing 3DO's transformation into a video game software company. Samsung will form a new company based in Silicon Valley focusing on multimedia systems and semiconductor products.