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Author Topic: Square Enix to buy Eidos?  (Read 946 times)
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metallicorphan
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« on: February 12, 2009, 12:10:06 PM »

all of this totally stolen from Kotaku






Quote
Square Enix have just announced that an agreement has been reached with the board of Eidos, by which Square will purchase the creaky old British publisher for 84 million (USD$120 million).

That price represents, according to Square, a premium of 129% over Eidos' current market value. Meaning that, yes, in other words, they're paying more than what Eidos are worth.

Despite being agreed to by the men in expensive suits at both companies, for the deal to go through it has to be approved by 75% of Eidos' shareholders at the company's next meeting, which is due to take place early next month. Which it should, since the Eidos board are going to recommend shareholders sell up.

Oh Square. You look desperate. Shifty delays, downward-looking finances and now paying over the board for the rights to Tomb Raider (driven into the ground), Hitman (gathering dust) and...Kane & Lynch? You're getting our common sense all Imperial Hot & bothered.

Full details on the announcement below if you're in need of bedtime reading

Kotaku also have the official announcement,suppose it could all still go belly up..but i can't see Eidos or its shareholders not selling up,they should be quite thankful i think for the interest from SE..Eidos,really only have Tomb Raider at the moment


being British myself,i am quite sad to see Eidos go,the country isnt in the best of states at the moment,indeed is the world...BUT,i think if Eidos has to be sold off,i think i am quite happy that Square Enix are the ones buying,SE/Squaresoft have been a favourite of mine for quite some time,prolly since playing that game that the above screenshot comes from....anyway,in short Metallicorphan approves that it is Squeenix icon_lol....and i am both suprised and relieved that the mighty EA havent passed their dark shadow over Eidos
« Last Edit: February 12, 2009, 12:28:23 PM by metallicorphan » Logged

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Maggot
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« Reply #1 on: February 12, 2009, 12:34:30 PM »

So hitman will now have a main character of a 14 year old boy with girl clothes.

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Larraque
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« Reply #2 on: February 12, 2009, 01:47:30 PM »

What should we call the new company?

I propose squeidox
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Canuck
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« Reply #3 on: February 12, 2009, 01:56:44 PM »

Eisquix
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Canuck
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« Reply #4 on: February 12, 2009, 01:57:40 PM »

Or how about SExEi?
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Razgon
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« Reply #5 on: February 12, 2009, 02:14:14 PM »

or, "The company formerly known as Enix and Eidos"?
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metallicorphan
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« Reply #6 on: February 12, 2009, 02:26:46 PM »

could we see a Lara Croft/Tomb Raider RPG/JRPG

the Anime version of Lara would be ..er..something paranoid
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Razgon
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« Reply #7 on: February 12, 2009, 02:36:57 PM »

Quote from: metallicorphan on February 12, 2009, 02:26:46 PM

could we see a Lara Croft/Tomb Raider RPG/JRPG

the Anime version of Lara would be ..er..something paranoid

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CeeKay
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« Reply #8 on: February 12, 2009, 04:06:19 PM »

Quote from: Maggot on February 12, 2009, 12:34:30 PM

So hitman will now have a main character of a 14 year old boy with girl clothes.



and 15 minute CGI cutscenes!

oh, and random people wandering around talking about how good their pie is and ...!
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Eel Snave
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« Reply #9 on: February 12, 2009, 04:22:28 PM »

...

...

OK, I WILL raid that tomb!

(dramatic music)
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kronovan
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« Reply #10 on: February 12, 2009, 04:57:48 PM »

Quote from: CeeKay on February 12, 2009, 04:06:19 PM

Quote from: Maggot on February 12, 2009, 12:34:30 PM

So hitman will now have a main character of a 14 year old boy with girl clothes.



and 15 minute CGI cutscenes!

oh, and random people wandering around talking about how good their pie is and ...!

Of all people I'm surprised you wouldn't like that latter feature, especially considering their gender could be female and it's "their pie" they'd be talking about.  Tongue

This is definitely interesting and I can't recall any other European dev currently under Squenix's umbrella of studios. I wonder if a big motivator for them is to get some different creativity into their mix of games. There's been talk as of late that Japanese studios have lost some of their creative edge, maybe they see this as a remedy. 
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Kevin Grey
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« Reply #11 on: February 12, 2009, 07:15:28 PM »

Quote from: kronovan on February 12, 2009, 04:57:48 PM

This is definitely interesting and I can't recall any other European dev currently under Squenix's umbrella of studios. I wonder if a big motivator for them is to get some different creativity into their mix of games. There's been talk as of late that Japanese studios have lost some of their creative edge, maybe they see this as a remedy. 

I'm not sure if it's creativity in their own internally produced games so much as having a diversified portfolio since the Japanese gaming market is becoming so unpredictable.  Japanese studios of late are showing about as much knowledge of what appeals to western audiences as eastern devs have historically shown regarding Japan. Instances of games doing equally well in both territories are becoming increasingly uncommon.  Remember, The Last Remnant was supposed to be specifically designed to appeal to both eastern and western audiences and look how that turned out for them....  so I'll be surprised if we see Crystal Dynamics or IO Interactive lending a helping hand in the design and code of a Final Fantasy game (and vice versa). 

Nintendo is doing something similar in that they are starting to develop Touch Generation style games for the DS and Wii with western audiences in mind from the outset instead of just porting whatever Japanese games they feel would be a decent fit for the western market as well. 
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Azhag
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« Reply #12 on: February 13, 2009, 04:32:17 AM »

I would totally buy a Lara Croft rpg...
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Caine
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« Reply #13 on: February 13, 2009, 11:05:58 PM »

squeenixos?

odd.  it seems that square is trying to emulate ea in their business model.

and what happened to tecmo?  shouldn't it be squeenixmo now?
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« Reply #14 on: February 14, 2009, 04:56:50 PM »

Maybe they could just change the name to a symbol like a $ sign, or actually in their case the symbol for the Yen
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Dante Rising
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« Reply #15 on: February 14, 2009, 05:10:53 PM »

Maybe Square Enix is moving into CG porn and they want Lara to be the star of their first film.

Mmmmmmmmmmmm.......Lara Croft CGI Tomb Raiding porn..........


« Last Edit: February 14, 2009, 05:13:35 PM by Dante Rising » Logged
Dante Rising
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« Reply #16 on: February 14, 2009, 05:12:55 PM »

Quote from: Dante Rising on February 14, 2009, 05:10:53 PM

Maybe Square Enix is moving into CG porn and they want Lara to be the star of their first film.

Mmmmmmmmmmmm.......Lara Croft CGI Tomb Raiding porn..........




Damn, I need professional help.
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