Square Enix's Eidos Takeover Approved

By Pete Haas 2009-03-27 09:00:38 discussion comments
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Shareholders of Eidos Interactive voted to approve the buyout offer by Square Enix today, which, among other things, means that your fan fiction about a Lara Croft and Sephiroth romance is now slightly less ridiculous.

The shareholder vote was the last barrier to Square's acquisition of the Tomb Raider publisher. The companies' management agreed to buyout terms in early March. According to GI.biz, Eidos' shares will be delisted in late April and afterward Square Enix will take control over the company.

This is the latest step in Square Enix to become a more international company. Primarily known for JRPG's like Final Fantasy, they recently announced they're opening a studio in Los Angeles to create downloadable games. They're also publishing Supreme Commander 2, a real-time strategy game by American developer Gas Powered Games.
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