Square Enix trying to buy Eidos

[Queasy]

Link - Per this article from Gamesindustry.biz, Square Enix has put in a bid to buy the house that Lara Croft built, Eidos. Interestingly, despite the fact that Square Enix has been having some financial troubles themselves, they are bidding a premium well over the actual value of Eidos currently.

The Eidos board is recommending that stock holders accept the purchase as it needs 75% approval for the sale to go through.

 

[nace186]

Eidos already accepted the take over.

 

[Queasy]

The board has approved but the shareholders still have to vote on it. I can't see them turning it down given the premium Square Enix is willing to pay out.

 

[FeathersMcGraw]

The melding of androgynous characters and Lara Croft in the next Kingdom Hearts game may cause the universe to implode.

 

[Fox5]

Interesting, Eidos used to publish PC games for Square, so perhaps they're looking at them as a distribution node.

 

[Queasy]

Originally posted by: Fox5
Interesting, Eidos used to publish PC games for Square, so perhaps they're looking at them as a distribution node.

Square is trying to become more Western since that is where all the growth is in the games industry...particularly in Europe.

 

[Aikouka]

Originally posted by: Fox5
Interesting, Eidos used to publish PC games for Square, so perhaps they're looking at them as a distribution node.

Heh, the Eidos FF7 PC port wasn't so good.

 

[Stiganator]

..

 

[Omegachi]

i still think enix should stay out of xbox with FF. just my opinion.

 

[ViviTheMage]

damn....don't do it SE! DON'T DO IT!!!

 

[Queasy]

Originally posted by: Omegachi
i still think enix should stay out of xbox with FF. just my opinion.

You're absolutely right. It makes perfect business sense for them to ignore a system with a worldwide install base of almost 30 million right now....