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Midway company history timeline

1969

In 1969 the Midway Manufacturing Company, a maker of amusement machines, was acquired by Bally, one of the nation's leading manufacturers of gaming pinball machines.

1975

Over a chaotic two day period during the fall of Saigon in April 1975, Midway was a floating base for large Air Force helicopters which evacuated more than 3,000 desperate refugees during Operation Frequent Wind.

1977

Located in Columbia, MO, MidwayUSA started as a small gun shop in 1977 and has grown into an industry-leading internet retailer of over 120,000 Shooting, Hunting, Fishing, and Outdoor products.

1988

In 1988 Bally's amusement game divisions were purchased for $8 million by its main competitor in the arcade game industry, WMS Industries of Chicago.

1992

"Mortal Kombat" Revives Industry: 1992

1993

Each of the coin-operated video games released by Midway since 1993 which has sold at least 5,000 units has gone on to sell at least 100,000 units for each major home system for which it was released.

1994

In March 1994 Midway and Nintendo formed a 50-50 joint venture.

Midway moved more decisively into the home market in April 1994 when it acquired three companies, Tradewest Inc., Tradewest International Inc., and the Leland Corporation, known collectively as Tradewest.

1995

In March 1998 Midway expanded its product line into the market for personal computer games. It purchased back North American and Japanese distribution rights to Midway personal computer games that the company had granted to GT Interactive Software in 1995, a time when it was focusing its attention on the home console market.

In September 1995, Midway released "Mortal Kombat 3," the first home video game that it had developed in house.

1996

Midway Games had a number of achievements during its 1996 fiscal year.

1997

At the mid-January 1997 price of $20 for a Midway share, every WMS share owned about $27.95 worth of Midway stock.

Nonetheless, TRSTS Reports ranked Midway Games fourth among 62 video game companies in sales of 32- and 64-bit home video games for fiscal 1997, up from seventh place the previous year.

In 1997 Midway released more games for the new Nintendo 64 system than any company except Nintendo itself.

1998

On April 6, 1998, all Midway shares held by WMS were distributed among its shareholders.

2004

The Midway’s actual arrival in San Diego in January 2004 was the culmination for me of nearly eight years of participation and contribution, albeit in highly specialized ways, in transforming an empty retired carrier into a leading museum and attraction.

It opened as the USS Midway Museum in June 2004.

2017

Republished in 2017 by NHHC with a new introduction.

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Founded
1968
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Headquarters
Houston, TX
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Midway competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Take-Two Interactive Software1993$5.3B6,49553
Interplay Entertainment1983$1.1M1015
Electronic Arts1982$7.6B9,80032
SouthPeak Interactive CORP1996-50-
Perpetual Entertainment2002$13.0M7,500-
Monolith Productions1994$8.4M1001
2k-$7.5M3,00049
Broad Street Realty2001$42.2M61-
#1 Properties1984$290,0006-
Jackson Hole Real Estate Associates2009$5.3M119-

Midway history FAQs

Zippia gives an in-depth look into the details of Midway, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Midway. The employee data is based on information from people who have self-reported their past or current employments at Midway. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Midway. The data presented on this page does not represent the view of Midway and its employees or that of Zippia.

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