Complex sentence: An arcade title, SegaSonic the Hedgehog, followed in 1993, featuring new characters Mighty the Armadillo and Ray the Flying Squirrel, followed by the next console-based platforming sequel, "Sonic the Hedgehog 3", in 1994.
Split into simpler sentences: An arcade title, SegaSonic the Hedgehog, followed in 1993, featuring new characters Mighty the Armadillo and Ray the Flying Squirrel. The next console-based sequel, "Sonic the Hedgehog 3", was a third platform game in the "Sonic" series released in 1994.