Tag Archives: eidos

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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Championship Manager 2009 delayed

Eidos has delayed the newest addition to the Championship Manager franchise from its original April release date until some time after the end of the publisher’s financial year. The game will now ship after June 30, allowing the company to polish the game. Eidos is confident that the delay will …

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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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Eidos H1 losses narrow

Eidos has posted a 26 per cent rise in revenues in its fiscal results for the first half of the fiscal year. The Britsoft publisher saw losses cut to 1 million in the six months to the end of December 2008. Revenues hit 80.3 million in the period, compared to …

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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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Another Eidos shareholder backs Square Enix bid

Square Enix’s bid for UK publisher Eidos took another step forward this morning with the news that it had secured the support of another major shareholder in the firm. Today the Japanese firm – which last werk announced its intention to buy the ailing Britsoft firm for around 84m, confirming …

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Warner backs Square Enix’s bid for Eidos

Warner has thrown its weight behind Square Enix’s bid to buy UK publisher Eidos. The news comes following the announcement last week that Square had made an offer to buy the ailing Britsoft firm. Time Warner owns a 20 per cent stake in Eidos, and although it was often seen …

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Square Enix swoops for Eidos

It has been confirmed that Japanese publisher Square Enix has made a firm offer for Britsoft rival Eidos, estimated to be around 84mn – a total that represents a 129 per cent premium on Eidos’ current market value. Square Enix believes that the acquisition represents a highly attractive opportunity for …

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Eidos steps back from casual gaming

Britsoft publisher Eidos has parted ways with casual games developer Gimme5games, with Matt Spall’s outfit pledging to carry on operating as an independent web and casual studio. The move signifies Eidos’ intention to focus on its cornerstone franchises such as Tomb Raider going forwards and to move away from the …

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