Eidos was an English based developer and publisher behind such games as Tomb Raider, Age of Conan, and Hitman. Since a buyout from Square Enix, the company is now know as Square Enix Europe.
As you may already know, last year Square Enix failed in a attempt to acquire Tecmo, the developers of DoA & Ninja Gaiden. Now it seems they have their eyes set on UK Based developer Eidos, developers of the Tomb Raider franchise. In the middle of last month Square Enix placed a bid said to be £84.3 million, with the Eidos' Board of Directors set to recommend the offer to shareholders.
Square Enix is hoping this deal will "reinforce the Square Enix Group's position as one of the world's leaders in interactive entertainment with a broad portfolio of market leading franchises"
President of Square Enix, Yoichi Wada -
"Eidos is a talented developer and publisher of interactive entertainment products with a broad portfolio of highly successful mass market franchises, led by Tomb Raider, one of the most successful videogame franchises of all time.
"Eidos maintains a strong reputation for high quality development and proven expertise in creating characters and storylines that appeal to consumers. Eidos' products are highly complementary to our business and will accelerate our aggressive expansion into Western markets. We believe that wide range of both companies' quality products encompassing major genres will enable us to meet diversified customers' expectations upon a global basis."
Phil Rogers, CEO of Eidos -
"Eidos has a strong portfolio of established franchises, with highly talented employees. Square Enix recognises this and sees Eidos as both complementary to their business as well as a valuable brand within videogames. We are one year into our new strategy and believe that the prospects for the further development of our strategy and the business as a part of Square Enix would offer an exciting opportunity for the Eidos Group."
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