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Eidos Interactive Becomes Square Enix Europe

Posted on Sunday 26th July 2009 at 01:48 by karasuman (with credit to sweetdude)
Square Enix
For those of us who do not yet know, Eidos has been acquired by Square Enix in a bid to involve itself more in western markets. Eidos, based in south London, is responsible for the iconic Tomb Raider series as well as more recent titles such as Age of Conan and the upcoming Arkham Asylum. The reported price of acquisition was £84 million.

It was announced earlier this month that the name 'Eidos Interactive', which was believed to remain the name of the newly acquired company, will be changed to 'Square Enix Europe'. The merging will change more than just the name of one company. Larry Sparks, current vice-president of Eidos, will be in charge of Square Enix's Japanese catalogue of titles. It appears that Square Enix is entrusting many of the current employees of Eidos with its future development in the west.

This lends credence to the claim that the assimilation of Eidos into Square-Enix will provide faster release dates in North America and Europe, and also that more previously-exclusive Japanese titles will be brought to the fans in other countries. Direct leadership and investment in the west are certainly how Square-Enix could go about accomnplishing this. Maybe we will finally see a Final Fantasy XII: International Zodiac Job System, which is currently limited to the international boundary of Japan and South Korea. Or maybe that is setting expectations a little too high.

Source: Play.tm
Posted in: Square-Enix News

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karasuman

Comments

seraphimdreamer777Comment 1: 2009-07-26 02:34
seraphimdreamer777
Quote
Eidos, based in south London, is responsible for the iconic Tomb Raider series as well as more recent titles such as Age of Conan and the upcoming Arkham Asylum.


You forgot the Legacy of Kain series which was awesome. Even though I don't think there will be another addition to that series being the story was sort of concluded.
yelanatesComment 2: 2009-07-26 04:23
yelanates I find it rather amusing how when companies acquire other companies, the executives of the company that was purchased usually get very high-level jobs at the new company.
BlitzSageComment 3: 2009-07-26 05:19
BlitzSage
Quote (yelanates @ 26th July 2009 00:23)
I find it rather amusing how when companies acquire other companies, the executives of the company that was purchased usually get very high-level jobs at the new company.

I'm sure that's the deal they get for selling. It's like the "golden parachutes" thing, executives get those benefits so that if the company fails, or it's sold, they still remain safe.
Messier17Comment 4: 2009-07-27 04:44
Messier17 Hmm, the new job offerings look promising. I'm glad they finally have a European base, things aren't nearly as reliable being translated from Japanese then English. Translations can quickly become a recipe for disaster.
sweetdudeComment 5: 2009-07-27 18:42
sweetdude
Quote (BlitzSage @ 26th July 2009 06:19)
Quote (yelanates @ 26th July 2009 00:23)
I find it rather amusing how when companies acquire other companies, the executives of the company that was purchased usually get very high-level jobs at the new company.

I'm sure that's the deal they get for selling. It's like the "golden parachutes" thing, executives get those benefits so that if the company fails, or it's sold, they still remain safe.

That's usually because the top executives have been given a large share of the original company, or bought into it themselves. Socialism for some and capitalism for everyone else, wouldn't you agree? Yes, yelanates, it is quite funny.
BlitzSageComment 6: 2009-07-28 02:51
BlitzSage
Quote (sweetdude @ 27th July 2009 14:42)
Quote (BlitzSage @ 26th July 2009 06:19)
Quote (yelanates @ 26th July 2009 00:23)
I find it rather amusing how when companies acquire other companies, the executives of the company that was purchased usually get very high-level jobs at the new company.

I'm sure that's the deal they get for selling. It's like the "golden parachutes" thing, executives get those benefits so that if the company fails, or it's sold, they still remain safe.

That's usually because the top executives have been given a large share of the original company, or bought into it themselves. Socialism for some and capitalism for everyone else, wouldn't you agree? Yes, yelanates, it is quite funny.

That's how it works, I guess. What it really is is let the top people get help and the bottom people help themselves. Big people get money and then protect it like a pack of vicious dogs. Ah, to live in America!
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