Tag Archives: acquisition

EA to make a move for Glu?

Rumours are circulating that Electronic Arts is considering the acquisition of specialist mobile games rival Glu following the notable activity of the mobile firm’s stock on Nasdaq last week, which traded 65 per cent higher on double normal trading volumes while the index as a whole fell. For the full …

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Ubisoft bids for three new acqusition targets

Ubisoft is in negotiations to buy three separate games firms for approximately €5 million each. And the French publisher was even keen on buying US studio Cryptic, which was this week purchased by Atari. Speaking at the UBS Annual Global Media Conference Ubisoft CFO Alain Martinez said: "We have about …

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Could EA be a target for Disney?

With its stock plummeting 17 per cent on the back of its poor financial results , The Wall Street Journal is predicting that EA’s falling value could make it a target for acquisition – and it has fingered Disney as a possible suitor. EA is current worth around $7.3 billion …

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Slowing GTA IV sales could boost EA bid

Despite lifetime sales of nearly 8.5 million copies worldwide, the recently announced August NPD figures have raised fears that sales of Take 2’s Grand Theft Auto IV have slowed unexpectedly – raising concerns that it might affect EA’s ongoing bid to acquire the publisher. CNN reports that Take 2 has …

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Square Enix officially withdraws Tecmo bid

Following the news yesterday that Tecmo had not only rejected Square Enix’s takeover offer , but subsequently gone on to announce its intention to merge with former rival Koei , the Final Fantasy developer has officially withdrawn its offer from the table. Square Enix had stated from the off that …

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Tecmo reveals Koei merger plans

Having literally just announced that it has rejected the acquistion offer from Final Fantasy developer and publisher Square Enix , Japanese firm Tecmo had made the surprise announcement that it is planning to merge with Koei. Kotaku reports that talks are already underway following the creation of an ‘integrated management …

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Tecmo rejects Square Enix takeover

Tecmo has released a statement claiming that it has rejected Square Enix’s bid to take over the firm. The statement, translated by Kotaku, reads: For Tecmo, this proposal was received in a short span of time, but within the company we collected opinions from management and game creators as well …

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Square Enix plans Tecmo acquisition

Final Fantasy and Dragon Quest publisher Square Enix has revealed that it intends to launch a takeover bid for fellow Japanese outfit Tecmo. IGN reports that Square Enix is prepared to pay a 30 per cent premium on current Tecmo stock. If the deal is completed, Tecmo will assume a …

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Valve happy to discuss acquisition

The VP of Half-Life 2, Team Fortress and Portal developer Valve, Doug Lombardi, has stated that his company would be happy to have conversations with companies thinking of acquiring the successful firm. In an interview with Gamasutra Lombardi stated that if anyone was interested in acquiring the firm he would …

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