Tag Archives: acquisition

Entertainment media behemoth MTV is keeping a close eye on the current culture of consolidation at the top level in games – and refused to rule out a move to swoop for a publisher. In an exclusive interview with MCV, conglomerate MTV Newtorks also discusses the ‘definite possibility’ of a …

Industry analysts have told MCV that Take Two should accept a takeover bid from EA in the next few months – or it risks missing out on its only real chance to find a suitor. While Take Two boss Strauss Zelnick said this week that the $2bn bid substantially undervalues” …

In the wake of EA’s shock announcement of its move to acquire Rockstar owner Take Two, Wedbush Morgan Analyst Michael Pachter has stated that, in his opinion, the deal is now inevitable. We think that EA has two choices – beat ‘em or join ‘em,” he said. They are attempting …

As part of its freshly announced intentions to snap up Rockstar (and thus Grand Theft Auto) owner Take 2, EA has launched a new website dedicated exclusively to the news. The main text of the open letter from EA CEO John Riccitillo can be found here. Elsewhere on the site, …

Electronic Arts CEO John Riccitiello has admitted the company made mistakes when it acquired well-known developers. Speak at DICE last week, he said that integrating the teams at independents such as Bullfrog, Westwood and Origin ultimately stifled the creative talent there: "We at EA blew it, and to a degree …

New information about last year’s purchase of Activision by French games publisher Vivendi have revealed that the deal faced near collapse on at least two occasions, The Wall Street Journal reports. Apparently the first roots of the buyout appeared in late 2006, and by April last year an offer was …