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Tag Archives: buyout

Buyout sets Pirate Bay on the road to legality

Whether or not the previous owners of Swedish file-sharing portal The Pirate Bay succeed in over-turning their prosecution in the increasingly protracted legal saga, it seems that The Pirate Bay as we know it is no longer. Swedish software firm and internet caf network Global Gaming Factory X is reported …

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Microsoft acknowledges 3DV acquisition

Having reportedly been finalised as long ago as March, Microsoft has for the first time publicly acknowledged its acquisition of Israeli motion sensing technology firm 3DV. Speaking of Microsoft’s extensive R&D facilities in Israel, corporate VP Moshe Lichtman told Globes: Fourteen development projects are taking place at the centre today, …

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Could Microsoft buy OnLive?

Guy de Beer, the CEO of cloud gaming company Playcast, has suggested that OnLive has not been designed to ever become a self-contained games service, but has instead been created with the intention of selling the technology to an established player in the market – with Microsoft named as a …

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Eidos UK avoids Square distraction

With Square Enix’s swoop for Eidos complete, the publisher’s UK team is working hard to ensure success for its upcoming key releases. The Brit developer and publisher is lining up Battlestations Pacific, Championship Manager 2009 Edition and Batman: Arkham Asylum between spring and summer, with expectations also rising for Just …

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Microsoft closing in on motion detection firm?

Motion detection technology firm 3DV has confirmed that it has agreed buyout terms with a third party company – and rumours are pointing to Microsoft as the mystery buyer. Talk of Microsoft moving for the Israeli company has been doing the rounds for quite some time, and Edge reports that …

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Square completes Eidos swoop

Eidos will be under the formal control of Square Enix within weeks but jobs look safe, with the business running as an independent unit. MCV can reveal that a board meeting was held this week which took the deal a significant step closer to completion. There are no problems on …

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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 …

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100 new jobs created in Zavvi buyout

100 new jobs are to be created in the entertainment retail sector following the confirmation of The Hut’s buyout of entertainment retailer Zavvi, as revealed by MCV this morning . The acquisition sees The Hut take ownership of Zavvi.co.uk, and the firm will be looking for 100 new faces to …

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The Hut swoops for Zavvi.co.uk

Online retail specialist The Hut has bought up the rights to Zavvi’s online identity and portal, MCV can reveal. A new holding page on the Zavvi website yesterday promised that ‘exciting’ news was to be revealed at 10am this morning. However, come the hour no announcement was made, but the …

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Square Enixs buyout of Eidos draws closer

The seemingly inevitable buyout of Eidos by Japanese RPG developer and publisher Square Enix has come a step closer with the news that it has now acquired 11 per cent of Eidos’ shares. In addition, Square Enix has also made public its intentions to buy a further three per cent …

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