"The acquisition of IO secures the future rights of the Hitman series and significantly strengthens
Eidos' European creative base and development resource,"
Eidos said in a statement.
COMPUTER games maker
Eidos switched takeover partners after supporting a higher approach from rival firm SCi Entertainment.
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Eidos said Insight Investment Management and Cazenove Capital Management, which together have a 13% stake in the company, have backed the offer from Square Enix's subsidiary SQEX.
Eidos, formerly SCi Entertainment Group, said that while Underworld's performance in the UK, France and Germany was on target, the US market was weaker than expected and that it has since revised its sales assumptions for the title.
In an unprecedented move for the video games industry,
Eidos will offer the downloadable version of the famous game franchise on a 'pay what you want' model.
Eidos Therapeutics is a clinical stage biopharmaceutical company focused on addressing the large and growing unmet need in diseases caused by transthyretin (TTR) amyloidosis (ATTR).
Eidos said: "When ticket prices are at a premium, we are offering the chance to try the new version for the price fans want to pay."
Shares in London- based
Eidos soared as much as 127% after news of the offer from Square Enix, which is best known for its Final Fantasy and Dragon Quest games brands.
TOMB Raider game publisher
Eidos has issued a profits warning after Lara Croft failed to punch through the economic gloom.
HAD high hopes for Kane and Lynch, a GTA style shooter from
Eidos. The plot goes that Kane is rescued from death row and given 48 hours to retrieve a package for a group called the seven.
Eidos Interactive Ltd., one of the world's leading publishers and developers of entertainment software, has confirmed that Lara Croft Tomb Raider: Anniversary will be on store shelves throughout North America from June 5th, 2007 for the PlayStation(R)2 computer entertainment system and Windows PC.
The new owner of
Eidos yesterday showed signs that its efforts to return the computer games maker to profitability were working.