Looks like things are moving along with the hostile takeover attempt by EA. They’ve gone ahead and secured a $1 billion loan from Morgan Stanley and others to help in the cost of buying out Take-Two.
I guess it’s inevitable at this point. What EA wants, EA gets. No more 2K Sports, more yearly sequels to […]
Looks like Phil Harrison’s time at Infogrames has started with a bang. The company has offered to buyout Atari’s stock for $1.68 a share.
Keep in mind, Infogrames is already the majority stockholder in Atari, essentially controlling the company. This offer is to buy all remaining stock to fully own the company. Atari is set to […]
The internets are swarming with reports that Microsoft might be buying Epic, creators of Gears of War, the Unreal Engine, etc. According to an editorial in GamePro, Microsoft will drop $1 billion on the developer. Mark Rein responded via develop:
“I have not seen the actual GamePro article but if they’re going to make predictions about […]
EA sent out a press release today to let us know that the acquisitions of BioWare and Pandemic Studios have been completed.
“BioWare Corp. and Pandemic Studios are two world-class studios and bring strong, highly compatible cultures of creative excellence to the EA Games Label,” said Mr. Gibeau. “Their strengths in the RPG, action and adventure […]
Activision dropped some serious cash to acquire Bizarre Creations, the developer of Project Gotham Racing and Geometry Wars. The actual price wasn’t released, but I wouldn’t expect it to be cheap.
Bizarre Creations had a statement regarding the news on their own website:
Well, we’re no longer tied to just one platform for starters. Our future titles […]
Payoffs have existed in all industries for a very very long time. You can’t argue they exist, but do they do any good for the end user?
The most recent gaming related payoff centered around Microsoft and Rockstar, with a $50 million purse headed to the developer for the exclusive rights to publish two episodic packs […]
