Author Topic: Eidos Shareholders Approve Square Enix Takeover (Read 5986 times)

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.

TJ Spyke · « **Reply #1 on:** March 28, 2009, 04:41:39 PM »

This still seems strange to me that Square Enix wants Eidos Interactive.

Flames_of_chaos · « **Reply #2 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.

TJ Spyke · « **Reply #3 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.

nickmitch · « **Reply #4 on:** March 28, 2009, 06:22:26 PM »

Well, I for one, welcome our new, 80-hour Tomb Raider RPG overlords.

Flames_of_chaos · « **Reply #5 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.

Enner · « **Reply #6 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?

IceCold · « **Reply #7 on:** March 28, 2009, 06:53:49 PM »

Haha, the title makes it seem like Eidos is taking over S-E..

BlackNMild2k1 · « **Reply #8 on:** March 28, 2009, 11:40:29 PM »

What IP's does Eidos have besides Tomb Raider?

TJ Spyke · « **Reply #9 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.

ReverendNoahWhateley · « **Reply #10 on:** March 29, 2009, 12:25:47 AM »

Eidos published Monster Lab, which was one of my favorite games of 2008. "Kids game," indeed!

Flames_of_chaos · « **Reply #11 on:** March 29, 2009, 12:31:41 AM »

There's also Deus Ex.

KDR_11k · « **Reply #12 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.

Dirk Temporo · « **Reply #13 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."

Jonnyboy117 · « **Reply #14 on:** March 29, 2009, 12:19:24 PM »

SquareEnixTaitoEidos? (SETE?)

Flames_of_chaos · « **Reply #15 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.

Louieturkey · « **Reply #16 on:** March 30, 2009, 10:50:33 AM »

Does this mean Lara Croft will be in the KH3?

decoyman · « **Reply #17 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)

Plugabugz · « **Reply #18 on:** March 30, 2009, 12:19:10 PM »

COMING SOON! Final Fantasy Crystal Chronicles: My Life as a Tomb Raider

Peachylala · « **Reply #19 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.

Kairon · « **Reply #20 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.

NinGurl69 *huggles · « **Reply #21 on:** March 30, 2009, 04:48:16 PM »

You'll have to clean the fridge before you fit her silicone in there.

Peachylala · « **Reply #22 on:** March 31, 2009, 11:05:51 PM »

Breast implants are too big for SD cards?

BlackNMild2k1 · « **Reply #23 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

S-U-P-E-R · « **Reply #24 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

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Author Topic: Eidos Shareholders Approve Square Enix Takeover (Read 5986 times)