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NWR Interactive => TalkBack => Topic started by: Flames_of_chaos on March 28, 2009, 09:16:58 AM

Title: Eidos Shareholders Approve Square Enix Takeover
Post by: Flames_of_chaos on March 28, 2009, 09:16:58 AM
The company's shareholders have voted overwhelmingly in favor of the Square Enix buyout.
 http://www.nintendoworldreport.com/newsArt.cfm?artid=18063

 During a shareholder meeting, shareholders voted whether or not to allow Square Enix to take over Eidos for $117 Million. Over 85 percent of voters voted in favor of the corporate takeover.    


Eidos will suspend its shares on April 21st and will be delisted from the London Stock Exchange the very next day. Square Enix will officially own Eidos on May 6th, giving the major Japanese game maker access to Eidos' distribution network in America and Europe as well as possession of Eidos' franchises, including the storied Tomb Raider property.

Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: TJ Spyke on March 28, 2009, 04:41:39 PM
This still seems strange to me that Square Enix wants Eidos Interactive.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Flames_of_chaos on March 28, 2009, 05:22:32 PM
Not really because Square wants to expand to the West even more, Square's purchase of Taito gave them a strong WiiWare and arcade presence, the Eidos purchase will give square popular western franchises, new distribution channels.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: TJ Spyke on March 28, 2009, 05:24:35 PM
I know they want to expand, it just doesn't seem like any of Eidos's IPs fit in with Square Enix. Bethesda Softworks seem like more of a company that would fit in with them.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: nickmitch on March 28, 2009, 06:22:26 PM
Well, I for one, welcome our new, 80-hour Tomb Raider RPG overlords.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Flames_of_chaos on March 28, 2009, 06:42:16 PM
Quote from: TJ Spyke on March 28, 2009, 05:24:35 PM
I know they want to expand, it just doesn't seem like any of Eidos's IPs fit in with Square Enix. Bethesda Softworks seem like more of a company that would fit in with them.

Well Taito's IPs don't fit in with Square Enix's and that's the point they want the company to be more diverse, and business 101 always said to grab more userbase you have to diversify.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Enner on March 28, 2009, 06:44:26 PM
Aren't JRPGs shortening their hours in this generation? At least some console JRPGs clock in at 40 hours or so and the new DS Valkyrie Profile runs in at 20+ hours.

Anyway, I agree this is an odd purchase. I don't see what Eidos has to offer to Square Enix other than its name and western connections. On the IP side of things, is there anything besides Tomb Raider?
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: IceCold on March 28, 2009, 06:53:49 PM
Haha, the title makes it seem like Eidos is taking over S-E..
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: BlackNMild2k1 on March 28, 2009, 11:40:29 PM
What IP's does Eidos have besides Tomb Raider?
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: TJ Spyke on March 28, 2009, 11:55:37 PM
Quote from: BlackNMild2k1 on March 28, 2009, 11:40:29 PM
What IP's does Eidos have besides Tomb Raider?

The 2 most well known would probably be Thief and Hitman.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: ReverendNoahWhateley on March 29, 2009, 12:25:47 AM
Eidos published Monster Lab, which was one of my favorite games of 2008.  "Kids game," indeed!
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Flames_of_chaos on March 29, 2009, 12:31:41 AM
There's also Deus Ex.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: KDR_11k on March 29, 2009, 05:52:06 AM
Quote from: TJ Spyke on March 28, 2009, 05:24:35 PM
I know they want to expand, it just doesn't seem like any of Eidos's IPs fit in with Square Enix. Bethesda Softworks seem like more of a company that would fit in with them.

That may be the point, diversifying. They can already do long, boring FMVfests without outside help.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Dirk Temporo on March 29, 2009, 06:19:53 AM
Quote from: Flames_of_chaos on March 29, 2009, 12:31:41 AM
There's also Deus Ex.

This. A thousand times this. The very first thought I had was "...well, this could only be good for Deus Ex 3."
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Jonnyboy117 on March 29, 2009, 12:19:24 PM
SquareEnixTaitoEidos?  (SETE?)
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Flames_of_chaos on March 29, 2009, 02:03:05 PM
I think it will be Eidos A Square Enix company, like how we see Taito games in North America. In Japan and Europe it's just outright Square Enix.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Louieturkey on March 30, 2009, 10:50:33 AM
Does this mean Lara Croft will be in the KH3?
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: decoyman on March 30, 2009, 12:14:10 PM
Quote from: Jonnyboy117 on March 29, 2009, 12:19:24 PM
SquareEnixTaitoEidos?  (SETE?)

I kinda like, "SquarEnTaiDos" (w/ capitalization as noted).

(square-IN-tie-dose)
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Plugabugz on March 30, 2009, 12:19:10 PM
COMING SOON! Final Fantasy Crystal Chronicles: My Life as a Tomb Raider
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Peachylala on March 30, 2009, 01:00:56 PM
Quote from: Louieturkey on March 30, 2009, 10:50:33 AM
Does this mean Lara Croft will be in the KH3?
Lara Croft in Nomura zipper clothes?

Sorry, KH already has Tifa.  :P
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Kairon on March 30, 2009, 04:41:11 PM
Quote from: Plugabugz on March 30, 2009, 12:19:10 PM
COMING SOON! Final Fantasy Crystal Chronicles: My Life as a Tomb Raider

I'd hit it.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: NinGurl69 *huggles on March 30, 2009, 04:48:16 PM
You'll have to clean the fridge before you fit her silicone in there.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Peachylala on March 31, 2009, 11:05:51 PM
Breast implants are too big for SD cards?  ???
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: BlackNMild2k1 on April 01, 2009, 12:35:03 PM
Quote from: Plugabugz on March 30, 2009, 12:19:10 PM
COMING SOON! Final Fantasy Crystal Chronicles: My Life as a Tomb Raider
I'm actually looking forward to
Final Fantasy XXX: Lara Croft


with interactive pointer controls this is guaranteed to sell 8-10 million WW on day one
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: S-U-P-E-R on April 02, 2009, 04:52:19 AM
Can anyone else remember any instances of a Japanese game company buying out an American one?  I can't. edit: Retro?

I wonder if there is going to be fat trimming, or the Eidos execs finding a profitable way to bail out. I'm actually betting on a whole lot of nothing getting done
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: TJ Spyke on April 02, 2009, 12:18:45 PM
Retro barely counts in my opinion. Nintendo bought them before they ever released a game.

After some quick checking, I did find another one. Sony purchased Naughty Dog in 2002.
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: NinGurl69 *huggles on April 02, 2009, 12:19:50 PM
This was Eidos' execs' fantastic bailout plan.  Basically, Square got Eidos like Microsoft got Rare.

These guys deserve to give Hairy Palm High-Fives to each other.

edit: Hairy
Title: Re: Eidos Shareholders Approve Square Enix Takeover
Post by: Deguello on April 03, 2009, 05:26:36 PM
I'm not sure this was a good move on S-E's part.

I mean, instead of investing in... say... games for market leading platforms, they are buying a company whose employees are probably thinking now's a good time to get out.  This reminds me of when Microsoft bought the High Heat Baseball license from 3DO's rotting corpse.  They didn't do anything with it, so they just blew a fad wad of cash for nothing.