MCV/DEVELOP News, events, research and jobs from the games industry
With its stock plummeting 17 per cent on the back of its poor financial results , The Wall Street Journal is predicting that EA’s falling value could make it a target for acquisition – and it has fingered Disney as a possible suitor. EA is current worth around $7.3 billion …
Read More »Slowing GTA IV sales could boost EA bid
Despite lifetime sales of nearly 8.5 million copies worldwide, the recently announced August NPD figures have raised fears that sales of Take 2’s Grand Theft Auto IV have slowed unexpectedly – raising concerns that it might affect EA’s ongoing bid to acquire the publisher. CNN reports that Take 2 has …
Read More »Nvidia acquires Ageia
PC and console graphics hardware firm Nvidia has signed an agreement to purchase Ageia, the creators of popular physics engine PhysX. Ageia’s engine has been used in over 140 games on a number of consoles including PS3, 360 and Wii, as well as on PC. "The AGEIA team is world …
Read More »Report: Activision-Vivendi deal was close to collapse
New information about last year’s purchase of Activision by French games publisher Vivendi have revealed that the deal faced near collapse on at least two occasions, The Wall Street Journal reports. Apparently the first roots of the buyout appeared in late 2006, and by April last year an offer was …
Read More »SCi shares rocket following management exit
Eidos parent SCi’s share price jumped by almost 30 per cent this morning, after the company announced its management team had stepped down. At the time of posting, shares in the company had climbed to 62 pence – up 14 pence, or 29.17 per cent. The price has steadily climbed …
Read More »Ubisoft ‘not interested’ in SCi buyout
French publisher Ubisoft has ruled itself out of the race to acquire the SCi Group, saying it has ‘no intention’ of buying the Eidos parent firm. SCi revealed that it had received several approaches last month – and Ubisoft’s name was immediately touted as a possible suitor. But a spokesperson …
Read More »Ubisoft ‘not interested’ in SCi buyout
French publisher Ubisoft has ruled itself out of the race to acquire the SCi Group, saying it has ‘no intention’ of buying the Eidos parent firm. SCi revealed that it had received several approaches last month – and Ubisoft’s name was immediately touted as a possible suitor. But a spokesperson …
Read More »Ubisoft not interested in SCi, says company source
SCi’s mystery would-be bidder is not Ubisoft, according to a source from the company. The Financial Times quotes an insider from the French publisher as saying: We are not in discussion with SCi Entertainment any more than we are with any other company in the industry.” However, another source quoted …
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