Square Enix and Eidos agree buyout terms

Eidos has reached an agreement with Square Enix which will result in the Britsoft firm’s complete share capital being purchased by the Japanese company in early May.

Shareholders are expected to approve the deal at the Eidos EGM later this month.

Following this, trading of Eidos shares will be suspended on April 21st and the cancelling of its share listings is due to occur the following day.

A settlement is hoped to be in place by May 6th.

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470 Pacific [Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

[Industry news] Pacific Standard Creative Launches as New Division of Pacific Standard Sound, Merging World-Class Film, Television, and Video Game Capabilities

Pacific Standard Sound (PSS), the award-winning sound design and full service post production and sound company whose work spans some of entertainment's most iconic properties, today announced the launch of Pacific Standard Creative (PSC), a new division purpose-built to serve the evolving storytelling and production needs of video game development studios, advertising agencies, trailer houses, and independent productions who demand world-class sound without compromise. Pacific Standard Creative will be helmed by industry veteran Eric Marks, who brings more than a decade of audio and engineering leadership, as well as two years as the Vice President of the Motion Picture Sound Editors (MPSE).