EA CEO: Buying Harmonix is 'catching a falling knife'

Publish date:

The boss of Electronic Arts has popped inflated rumours that the firm wants to buy for-sale developer Harmonix.

John Riccitiello said buying Viacom's Rock Band developer would be like catching a falling knife”.

There is going to be a time when perception catches up with the facts,” he said.

I'm sure some smart investor will buy the business feeling that they can catch a falling knife. But more people have been cut trying to catch falling knives than have benefited from getting the timing exactly right.”

More on this story can be found on MCV's sister-site Develop