Germantown, Wisconsinâ MGS Mfg. Group, Inc., a leading global provider of optimized manufacturing solutions for high precision plastic products, was formally acquired by Mason Wells, a private equity firm headquartered in Milwaukee, Wisconsin.
It is created and owned by Sony Interactive Entertainment since December 3, 1994, with the launch of the original PlayStation console in Japan. The original console in the series was the first video game console to ship 100 million units, 9 years and 6 months after its initial launch.
Sega's next generation console tried to undo the damage the Playstation had made to Sega's market share. It was released before Playstation 2 but it lost the race against it and Gamecube, partially due to what many believe was less than great marketing efforts by Sega.