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Square Enix expected to bid for Eidos photo

Hot off its failed attempt to acquire Tecmo, Final Fantasy publisher Square Enix seems determined to be the Japanese EA and get some companies under its belt. It would appear that the company is now after British publisher Eidos, despite Warner Brothers being the most likely candidate for the job.

MCV claims that both WB and Squeenix are about to mount rival bids for the house of Tomb Raider. With WB already owning 20% of the company, and recently permitted to buy more shares, Square would have a bit of trouble wresting control. Not only that, but Ubisoft and Electronic Arts are also tipped as potential acquirers.

Square Enix's interest, however, seems to be quite strong. President Yoichi Wada visited Eidos' IO Studio recently, and is said to be heading to the UK soon. "I think Warners will still win, but it’s very interesting that Square have expressed this late interest," claims an anonymous source. "They are clearly looking for Western talent."

Square Enix is definitely interested in Western expansion, that much is clear. However, I think it could probably do a bit better.








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Jim Sterling serves as reviews editor for Destructoid.com, head of the Podtoid podcast, and produces a number of news stories, original features, one-of-a-kind videos. With his passionate argumentative style, controversial opinions, harsh delivery, and dedication to brutal honesty Sterling is a name that you can't help but recognize. Likes PS2, iPod Touch, Silent Hill 2, Metal Gear Solid, Dynasty Warriors 3 Meet the rest of the team



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12 comments | showing # 1 to 12
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gamesronlygames's Avatar - Comment posted on 12/04/2008 09:22
gamesronlygames
Great then Enix can take all the 3rd party titles Eidos currently makes for the ps3 and make them 360 exclusives.
GooN's Avatar - Comment posted on 12/04/2008 09:24
GooN
Hey Jim,

Not to do with anything you said here BUT....

Whatever happened to the kid who ran away from his parents cuz they wouldn't let him play COD4. You said they found a childs body but the article said they didnt positive ID him. I was wondering how he died... yada yada yada....

I know you posted that article like 3 weeks ago or so, but I'd figure you might have gotten an update.

P.S. If you make a new updated post.. can you shout me out!! YEAH!!! nothing like getting a shoutout after hearing the outcome of a kids death. Man I am morbid.

`GooN`
GooN's Avatar - Comment posted on 12/04/2008 09:27
GooN
And to make a comment about his article... Square Enix hasnt made a great altering RPG since Secret of Mana. And I kinda liked K&L even with the little problems the game did have... I like shooting cops in the face and seeing the neck snap back. (morbid) But yeah I think this is not the best place to start buying into another franchise.
Jim Sterling's Avatar - Comment posted on 12/04/2008 09:28
Jim Sterling
GooN: He died falling out of a tree.
koehler83's Avatar - Comment posted on 12/04/2008 09:35
koehler83
I wish Yoichi Wada's parents would take away his Xbox...
Timstuff's Avatar - Comment posted on 12/04/2008 10:09
Timstuff
I think that to be realistic, Eidos will probably end up becoming part of the Time Warner family. Warner Bros. really wants to get into the gaming scene in a more direct way, and acquiring the house of Tomb Raider, Hitman, and Legacy of Kain would certainly be a good way to get their foot in the door. What I'd be curious about is how Warner's acquisition of Eidos would affect Eidos's relationship with their licensees. They've already sold the film licenses for Tomb Raider and Hitman to studio rivals Paramount and Fox respectively, so when those rights expire they'll like go to Warner Bros. by default (although I wouldn't expect another Hitman movie, I wouldn't rule out another Tomb Raider flick from a business perspective).

Squeenix's forray into the bidding war is interesting, to say the least. Needless to say, I have been very disappointed with how Square has been handling the current generation. They've put out some very top-notch handheld software, but their console work has not impressed me at all. Final Fantasy XIII has a tentative release window at best, games like the Last Remnant have been very disappointing. Square's transition from a Playstation-focus developer to an Xbox-focused developer has not gone over very well, partially because the change came so late. (Hey Square, remember when you said your support would chose the winner of the console war? MAYBE YOU SHOULD HAVE ACTUALLY RELEASED SOMETHING!) I'm not really sure if buying Eidos would help Square, or simply hurt Eidos. I think Temco would have been a much better acquisition for them, but sadly, it's too late for that now.
kapshhh's Avatar - Comment posted on 12/04/2008 10:24
kapshhh
What if Koei/Tecmo swoops down and bitch slaps Square again. That would be fun to see.
trunxkam45's Avatar - Comment posted on 12/04/2008 10:30
trunxkam45
Squeenix should get Atlus. Then maybe we can hope they'll do something with those working designs licenses.
Sterling Aiayla Lyons's Avatar - Comment posted on 12/04/2008 11:19
Sterling Aiayla Lyons
Meh, seems like either way Eidos gets the shaft. Maybe with Time Warner though, they'll get access to some better existing IPs to work with though...
koehler83's Avatar - Comment posted on 12/04/2008 11:30
koehler83
@Palidi

Or in a completely opposite twist of fate, we could see a lot of Eidos IP based movies...
xSledgewick's Avatar - Comment posted on 12/04/2008 17:19
xSledgewick
This is a great move, it should have happened a long time ago. Didn't Eidos publish or do something with Final Fantasy VII PC?

Hopefully this makes some sweet stuff happen on both sides of the sea because both companies have been rather lazy as of late. I think for Square-Enix it's been because of Final Fantasy XIII though and Eidos because of the changing of times.
manasteel88's Avatar - Comment posted on 12/04/2008 22:03
manasteel88
sadly this actually makes me interested in Eidos...and I haven't been...for at least two console generations.
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