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Eidos ‘in takeover talks’

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Eidos ‘in takeover talks’

Report suggests SCi Entertainment has received two bids in the last fortnight; are they from EA and Ubisoft?

Eidos parent SCi Entertainment is reportedly in takeover talks once again – with Ubisoft and Electronic Arts.

According to The Daily Mail, a source said discussions are at an 'early stage' – and that SCi has received approaches from two separate firms within the past few weeks.

The newspaper has fingered both Electronic Arts and Ubisoft as making bids for the company.

It follows another troubled year for SCi, in which its losses have quadrupled and the share price has slumped 92 per cent.

From a peak of £1billion at the height of the dotcom boom it is worth just £50million today.

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However, it’s not the first time EA or Ubisoft have been singled out for interest in SCi – rumours which have previously come to nothing.

SCi Entertainment and Ubisoft did not wish to comment when approached by MCV.

MCV has also approached EA for further comment.

eidos

posted by darren Dec 01, 2008 at 10:19 am
1
darren

not supprised with all the big supermarkets selling games at half the recommended retail price ! How many more companies are going to go the same way before any one puts a stop to this madness

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