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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Square Enix Looking To Invest in Developers

by Rainier on May 20, 2008 @ 2:35 a.m. PDT

With EA going after Take-Two, and the recent merger between Vivendi and Activision, Japanese developer Square Enix revealed it is considering taking stakes in game developers to combat rising competition from established game publishers and other entertainment companies. To fund any investment it has an additional 290 million shares, worth $9.20 billion, at its disposal. Square Enix will announce its financial results shortly, which analysts expect to exceed expectations by as much as 50%.
With EA going after Take-Two, and the recent merger between Vivendi and Activision, Japanese developer Square Enix revealed it is considering taking stakes in game developers to combat rising competition from established game publishers and other entertainment companies. To fund any investment it has an additional 290 million shares, worth $9.20 billion, at its disposal. Square Enix will announce its financial results shortly, which analysts expect to exceed expectations by as much as 50%.
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