"Eidos’ products are highly complementary to our business and will accelerate our aggressive expansion into Western markets. We believe that wide range of both companies’ quality products encompassing major genres will enable us to meet diversified customers’ expectations upon a global basis." So says Yoichi Wada, president (and Representative Director) of Square Enix today with regard to his company's acquisition plan for Eidos (formerly SCi).
The Japanese company's interest in Eidos dates back to December of 2008 when "Square Enix Battles Warner for Eidos". This occurred in the same month that SCi Entertainment Group changed its trading name to Eidos - to get rid of any confusion.
Eidos itself announced that it was firmly immersed in a bid in January - at which point we considered Square to be a very possible candidate, given its statements regarding western expansion plans.
For its part, Tim Ryan, Chairman of Eidos, said,“We believe that this cash offer provides Eidos Shareholders with an attractive price and certainty in today’s challenging market backdrop and economic outlook."
The bid itself values Eidos at £84m with the deal to be closed in April of this year.
The Japanese company's interest in Eidos dates back to December of 2008 when "Square Enix Battles Warner for Eidos". This occurred in the same month that SCi Entertainment Group changed its trading name to Eidos - to get rid of any confusion.
Eidos itself announced that it was firmly immersed in a bid in January - at which point we considered Square to be a very possible candidate, given its statements regarding western expansion plans.
For its part, Tim Ryan, Chairman of Eidos, said,“We believe that this cash offer provides Eidos Shareholders with an attractive price and certainty in today’s challenging market backdrop and economic outlook."
The bid itself values Eidos at £84m with the deal to be closed in April of this year.
Read More Like This
Comments
SuperSaiyan4 12 Feb 2009 12:56
1/5
Maybe SE can take Lara Croft to new heights...No pun intended.
Joji 12 Feb 2009 13:15
2/5
Congrats to Square Enix.
However, (i had to put a pessimist toecap in) it will take a lot for me to buy another TR game. I doubt they can dazzle me with it anyore, especially when Uncharted seems to be doing a much better job of the same genre.
What I'd want from it isn't what they want to serve. What do I want? A name chnge for the whole game, more playable characters and less focus on the Croft, and no more boring tomb raiding, that makes me feel like I'm being forced to play Rubiks Cube
I want to do the kinds of stuff, that makes Uncharted, want me to get a PS3.
However, (i had to put a pessimist toecap in) it will take a lot for me to buy another TR game. I doubt they can dazzle me with it anyore, especially when Uncharted seems to be doing a much better job of the same genre.
What I'd want from it isn't what they want to serve. What do I want? A name chnge for the whole game, more playable characters and less focus on the Croft, and no more boring tomb raiding, that makes me feel like I'm being forced to play Rubiks Cube
I want to do the kinds of stuff, that makes Uncharted, want me to get a PS3.
more comments below our sponsor's message
tyrion 12 Feb 2009 13:45
3/5
Joji wrote:
What do I want? A name chnge for the whole game, more playable characters and less focus on the Croft, and no more boring tomb raiding
So what you want is a game not called Tomb Raider, not involving Lara Croft as much and not involving raiding any tombs?
Does this request list not strike you as being nothing to do with Tomb Raider? You might as well call it Team Fortress for all the similarity it'll have to the Tomb Raider games!
Joji 12 Feb 2009 14:08
4/5
It was a post laced in humour, with a message that I know will probably never be read or taken seriously.
Perhaps now SE are involved now, Tomb Raider might get a holiday. Lol.
The way things are going, with I doubt it.
Perhaps now SE are involved now, Tomb Raider might get a holiday. Lol.
The way things are going, with I doubt it.
Joji 12 Feb 2009 16:42
5/5
I think Square Enix will add a great load of action games to their portfolio, a damn good thing for Square, especially after Dirge of Cerberus. It seem that Square are so entrenched in rpg gameplay now, that they find time for little else.
Forgive my doom and gloom, for while Tomb Raider is like .....worse than it used to be...I find that one Eidos game, which I'm more up for will be Batman Arkham Asylum, a spiffing looking game. It should be interesting to see how that one does in japan, where Batman isn't really as popular. Will B:AA change its fortunes?
But yeah, give Lara a holiday, Square. With all the surgery she's had over the years, she might need it.
Forgive my doom and gloom, for while Tomb Raider is like .....worse than it used to be...I find that one Eidos game, which I'm more up for will be Batman Arkham Asylum, a spiffing looking game. It should be interesting to see how that one does in japan, where Batman isn't really as popular. Will B:AA change its fortunes?
But yeah, give Lara a holiday, Square. With all the surgery she's had over the years, she might need it.