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Square Enix to buy Eidos?

Square Enix to buy Eidos?

Square Enix has announced it has made an offer of £84 million GBP for Tomb Raider publisher, Eidos.

Japanese gaming giant Square Enix has today announced that it is almost definitely going to buy up British publisher Eidos today, after making an offer on the company.

The Tomb Raider publisher has long been looking for a buyer, with popular contenders being Square Enix, Ubisoft and Electronic Arts - all of whom are eager to get their hands on some of Eidos' most lucrative franchises, such as Tomb Raider, Thief and Hitman.

It seems as if Square Enix is going to be the one that actually closes the deal though, having offered a total of £84 million GBP for the company - a figure which represents 129 percent of Eidos' current market value.

According to Kotaku, the deal has been agreed upon by senior management at both companies, but in order for the deal to actually go forward 75 percent of Eidos' shareholders will have to agree too. The board is scheduled to meet up early next month to discuss the matter.

What exactly might happen to Eidos if Square Enix is successful in its bid is uncertain at the moment and, while a Japanese take on Tomb Raider or Hitman might seem unusual, Square has definitely been trying to target western audiences more lately.

Could Square Enix do justice to all these games, or would you rather see someone else left in charge? Let us know your thoughts in the forums.

14 Comments

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yakyb 12th February 2009, 13:15 Quote
Square make brilliant games i cant see how this is a bad thing at all
Mentai 12th February 2009, 13:18 Quote
They make brilliant games of a different genre, I'd be interested to see where they're going with this.
Jordan Wise 12th February 2009, 14:03 Quote
Quote:
Originally Posted by yakyb
Square make brilliant games i cant see how this is a bad thing at all

FF12?
Blademrk 12th February 2009, 14:14 Quote
Final Fantasy 14 featuring Lara Croft?
veryevil 12th February 2009, 14:19 Quote
As long as EA dont ruin any more of the games industry by buying this and pumping out dried up beaten to death sequal after ...... sequal.

Square could revive theses franchises (Hitman, Tomb Raider and Thief) and make them fantastic again. Hope this goes through.
DougEdey 12th February 2009, 14:43 Quote
If Eidos don't take the offer I'd be amazed and then I'd say something like "Well, that shows why their recent Tomb Raider games have flopped"
Spaceraver 12th February 2009, 15:09 Quote
Just don't mess with the Hitman Franchise.
It was a Danish concept. Thoroughbred. Then Eidos bought IO Interactive. Just don't f**k with it. Plz.
themax 12th February 2009, 16:34 Quote
Quote:
Originally Posted by veryevil
As long as EA dont ruin any more of the games industry by buying this and pumping out dried up beaten to death sequal after ...... sequal.

Square could revive theses franchises (Hitman, Tomb Raider and Thief) and make them fantastic again. Hope this goes through.

I doubt it. Look at their lacking quality since aquiring Enix/Tri-Ace. Both recent Valkyrie Profile and Star Ocean games have not matched up to the quality of their titles released under Enix before the merger.
UncertainGod 12th February 2009, 17:23 Quote
I can see how it might help squeenix, give them staff and facilities that might help them in the European market.
DriftCarl 12th February 2009, 21:30 Quote
I didnt see the benefit at first, it seems like an odd choice for Square, but thinking about it again, it could be just the exact thing that Tomb Raider needs to revamp the game, there is only so much that they can do at the moment with the current style, they have done a great job on the recent games, I enjoyed most of them, except the angel of darkness obviously.

I wouldnt mind a bit of Japanisation to tomb raider, maybe she gets some ninja and samaurai skills. I wouldnt mind seeing lara swing about with a stupidly oversized sword.
DXR_13KE 13th February 2009, 02:05 Quote
as long as it is not EA....
iwod 13th February 2009, 03:22 Quote
Nice, I want to see Tifa against Lara
Bluephoenix 13th February 2009, 09:13 Quote
Quote:
Originally Posted by iwod
Nice, I want to see Tifa against Lara

quote wins
Redbeaver 13th February 2009, 15:42 Quote
Quote:
Originally Posted by iwod
Nice, I want to see Tifa against Lara

LOL! nice!
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