Feeds

Eidos scraps plans to sell

Shares flop

  • alert
  • submit to reddit

Intelligent flash storage arrays

Eidos, the games company responsible for Lara Croft, has ended discussions on selling the company because it didn't think the offers represented "fair value for shareholders".

Shares fell 11.4 per cent to £2.61 on the news. Share prices rose as high as £5.50 on 20 June, the day after Eidos announced it was in talks with a potential buyer.

The buyer, or buyers, were never named but analysts and the press said Infogrames, Electronic Arts and Microsoft made offers.



Gameplay.com has signed the rights to digitally distribute all SCi's future and back catalogue of PC CD-Rom games.



Customers will be able to get the games by paying to download them from the Gameplay site, or by streaming via subscription or rental deals from Gameplay's broadband services.

SCi's back catalogue includes the Carmageddon series. Future titles include Thunderbirds and The Italian Job. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.