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.”