Latest News
spacer View All spacer
 
February 9, 2010
 
Dragon Age: Origins Sells In 3.2 Million Units [1]
 
Adult Swim: Don't 'Hamstring' Developers With Existing IP
 
Best of FingerGaming: From Vanquish to Assassin's Creed II
spacer
Latest Features
spacer View All spacer
 
February 9, 2010
 
arrow Television, Meet Games
 
arrow Two Halves, Together: Patrick Gilmore On Double Helix [1]
 
arrow The Road To Hell: The Creative Direction of Dante's Inferno [18]
spacer
Latest Blogs
spacer View All     Post     RSS spacer
 
February 9, 2010
 
[Lineage 2] Freya Update Is Just a Beginning ②
 
Swashbuckling for Landlubbers: Why you may already be encouraging piracy! [7]
 
[Lineage 2] Freya Update Is Just a Beginning ①
spacer
Latest Jobs
spacer View All     Post a Job     RSS spacer
 
February 9, 2010
 
Tarsier Studios
Senior Game Engine Programmer
 
Konami Digital Entertainment Co., Ltd.
Sound designer
 
Vicarious Visions / Activision
Tools Programmer
 
Trion Redwood City
Sr. Environment Modeler
 
Trion Redwood City
Sr. Graphics Programmer
 
Sparkplay Media
Senior Game Designer
 
Blue Fang Games
Producer: Online/Mobile
 
Blue Fang Games
Senior Server Engineer: Online/Mobile
spacer
About
spacer News Director:
Leigh Alexander
Features Director:
Christian Nutt
Editor At Large:
Chris Remo
Advertising:
John 'Malik' Watson
Recruitment/Education:
Gina Gross
 
Feature Submissions
About
spacer If you enjoy reading this site, you might also want to check out these Think Services sites:

Game Career Guide (for student game developers.)

Indie Games (for independent game players/developers.)

Finger Gaming (news, reviews, and analysis on iPhone and iPod Touch games.)

GamerBytes (for the latest console digital download news.)

Worlds In Motion (discussing the business of online worlds.)

Game Set Watch (the Group's alt.game weblog.)
News

  Eidos Shareholders Recommend Square Enix Takeover
by David Jenkins
8 comments
Share RSS
 
 
March 27, 2009
 
Eidos Shareholders Recommend Square Enix Takeover
Advertisement
One of the final hurdles to Square Enix’s acquisition of UK publisher Eidos Interactive has been overcome, with shareholders voting overwhelmingly in favor of the move.

Over 85 percent of shareholders, representing 99.92 percent of shares, voted in favor of Square Enix’s $117 million takeover.

The acquisition has seemed increasingly likely ever since Square Enix gained the support of the Eidos board and major shareholder Warner Bros.

The rest of the acquisition process is now largely a formality, with Eidos set to suspend its shares listing on April 21st, with the company’s name set to be delisted from the London Stock Exchange the next day.

Full ownership of Eidos and all its properties and studios is then due to formally begin on May 6th.

The acquisition will give Square Enix access to Eidos’ Western distribution network, as well as franchises including Tomb Raider, Hitman and Deus Ex.
 
   
 
Comments

Nathaniel Smith
profile image
: (

Jeff Beaudoin
profile image
: (?

One of the most successful Japanese companies taking over a struggling US company to expand its ability to publish and produce games over here. Sounds great to me.

If we get a Tomb Raider RPG, all the better!

Bob McIntyre
profile image
I'm putting all my skill points into my camera's "follow butt" ability!

Max Foss
profile image
I wonder what kind of effect this will have on Square Enix's game design. The majority of the Japanese and American game markets respond culturally to very different things. Though I've rarely been a fan of Japanese game design, I still have a lot of respect for Square Enix and hope we'll see a good blend between the two.

Carl Chavez
profile image
Putting Lara Croft with Square Enix/Taito... well, it does give "Bubble Bobble" a whole new meaning.

Vilmos Szegedi
profile image
I just hope they'll leave Eidos Montreal alone to develope Deus Ex 3 and Thief 3. NO Japanese influence in those games, please.

Earlier I was hoping for Warner to buy Eidos, now I hope this will work out...

Nathaniel Meyer
profile image
Vilmos, usually when a company buys out another they don't interfere with existing personnel or projects unless it's a hostile purchase (unlikely in this case). However they can and will likely influence future projects. I do find it bizarre that Square would buy out Eidos though. The two companies are tangential to each other in terms of what they produce. I'm not exactly sure what Square sees in Eidos.

Mark Harris
profile image
They see experience in Western game development, they see expansion into another market, and they see a known brand name, they see established IPs. This falls in line perfectly with the stated goals of SE right now, expanding their market outside of Japan. They know that they need to appeal to a wider world and they are focusing business decisions on that. You can see it through their increased support of the 360, their acquisition of Eidos, opening a new research and development studio in LA, etc. They are trying to diversify, which is usually a good idea.

@ Jeff : Eidos is based in the UK.


none
 
Comment:
 


Submit Comment