Posted on April 5, 2008,

Takeover Looms for SCi Once Again

sci-logo.jpgWith all the talk of Activision-Blizzard and EA’s attempts to acquire Take-Two, I had nearly forgotten about the perennial takeover target, SCi. According to The Guardian (via GamesIndustry.biz), takeover talks are likely continuing to take place as share prices rose 20.4% yesterday.

Back in January, rumor had it that Midway and SCi were talking about a merger. Despite a denial of interest in SCi back in October, Ubisoft may be one of several potential bidders for the company, alongside Infogrames and Time Warner. Time Warner purchased a 10% stake in the company a year ago, but SCi has seen major changes since then. In late February, 14 projects were cancelled as 25% of jobs were cut.

SCi is the parent company of Eidos, so Lara Croft and friends have a vested interest in seeing how this turns out.

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