MCV/DEVELOP News, events, research and jobs from the games industry
Take Two has responded to EA’s latest attempt to snap up the GTA publisher – maintaining that the offer is inadequate” and that it is now considering entering into a business combination with a number of other interested parties.” The latest statement from chairman of the Board at Take Two …
Read More »EA tables new offer, Take Two decision deadline set
EA’s relentless pursuit of Take Two has taken another twist as it has tabled a fresh approach and allowed its acquisition target more time to consider its offer. The offer price is now $25.74 per share compared to the $26 per share deal originally conceived, amended to take into consideration …
Read More »Batman swoops into Mortal Kombat
The eighth in the classic Mortal Kombat series is set to feature Batman, according to CVG . An image featuring the caped crusader was leaked to fansite Mortal Kombat Online, with online rumours insisting this could be a Mortal Kombat Vs. DC style video game. MCV revealed yesterday that Midway …
Read More »Nintendo unleashes Wii Fit marketing but is there enough stock?
A bullish Nintendo UK has also triumphantly called Wii Fit the answer to those critics who blame the gaming industry for a lack of health and fitness among children. Nintendo’s Rob Lowe, senior product manager for Wii Fit told MCV: Overall it’s the biggest and most ground-breaking Wii campaign we’ve …
Read More »Q1 2008 smashes sales records
It’s official: the past three months have been the most lucrative first quarter in the UK industry’s history. ChartTrack has confirmed to MCV that retailers raked in a phenomenal 418.4m across all software, including office packages, while a total of 17.89m units were sold. Both categories demonstrate an expanding market …
Read More »US: Wii outstrips rivals
Sales of video game consoles and software are up by an impressive 57 per cent in the US, despite the economic troubles faced by the country, according to research firm NPD. During March American consumers spent $1.7 billion on games with the Wii comfortably outselling Xbox 360 and PlayStation 3. …
Read More »New VP for Geomerics
Rob Precious has been appointed vice president of sales at Cambridge-based graphics middleware developer, Geomerics. Precious’ main task will be to drive and develop global sales for Geomerics’ debut real-time lighting technology Enlighten, which gained much attention at the recent GDC. We are delighted to welcome Rob as our vice …
Read More »Take Two Board rejects EA approach again
Take Two executive chairman Strauss Zelnick has labelled EA’s ‘hostile’ $26-per-share tender bid forhis company as still being wrong place, wrong time”– and once again urged the firm’s shareholders to turn down the offer. Despite Zelnick’s protestations, however, there’s still time for EA’s bid to be successful: the offer expires …
Read More »Take Two bans new shareholders from annual meeting
Take Two has barred newer investors from attending its imminent annual shareholders meeting – in which the publisher is set to give an indication of the outcome of its ongoing acquisition saga with EA . Some who no longer own shares will have a role to play in the conference, …
Read More »Microsoft: Were not interested in buying Take Two
Microsoft Game Studios’corporate VP Shane Kim has said that the firm is not likely to challenge EA’s $2 billion acquisition bid for Take Two because MS ‘doesn’t have any past relationship’ with the firm and is put off by the price it would have to pay. Answering GameDaily readers’ questions, …
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