Competition
Square Enix acquisition of Eidos approved

In a recently released report, it has been announced that the proposed acquisition of Eidos by Square Enix has been approved by an overwhelming majority vote on the part of Eidos’ shareholders.

Square Enix LogoAs a result of the voting, Square Enix will gain control of Eidos next month, as well as the ownership of all of their properties, including Tomb Raider, Hitman, Kane and Lynch and Championship Manager. In a joint statement, both companies said:

“Eidos and SQEX are pleased to announce that, at the Court Meeting held earlier today, the Scheme was approved by the requisite majority.

“Subsequently, at the EGM, the special resolution required to implement the Scheme was also passed by the requisite majority.”

Square Enix hasn’t yet revealed its intentions regarding Eidos and its properties, other than to say that its list of franchises affords Square Enix a better portfolio of games aimed at western audiences, providing a better springboard into other territories.

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