Feeds

Eidos to get £700m offer

And other bubble economy nuggets

  • alert
  • submit to reddit

The essential guide to IT transformation

Infogrames is understood to have offered a buyout deal for Eidos that values the computer games company at £700 million. The talks are said to have reached the final stages, with the French software group putting forward an all-share deal, making Eidos shares worth between 600p and 700p, according to todays FT.
But the FT admitted the deal could still go either way - whereas the talks "could be completed within weeks", it added that the deal "could still fall through over valuation and management issues".



Online car retailer OneSwoop is reported to be in secret talks with a range of car manufacturers over buying unsold, pre-registered cars. These are cars


that the companies have registered as sold to boost monthly sales figures, but in reality sit on the lot unsold. The talks come as a range of government bodies start prying into the car business to find out why UK cars are so expensive.




QXL.com and Orange have signed a team to offer auctions via WAP. QXL already has a similar deal with BT Cellnet.




E-bookers.com has denied press reports that it is running out of cash. The online travel agency said it was in "advanced discussions" with potential investors about extra funding. It is due to announce second quarter results next Monday, and will include further financing details at this point.



E-bookers raised $60 million when it floated, and had $32 million left at the end of March. It has a cashburn of around $3 million a month.



Freeserve and the Bradford & Bingley building society have joined forces in an online property Website. The database of houses for sale will draw on the files of Bradford & Bingley's own network of 370 estate agency branches. The site will be launched to Freeserve's 3.4 million users in the autumn. ®

Build a business case: developing custom apps

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
'Aaaah FFS, 'amazeballs' has made it into the OXFORD DICTIONARY'
Plus: 'EE, how shocking, ANOTHER problem I face with your service'
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.