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Posted Nov 30, 2007 at 11:23AM by Karl B. Listed in: Rumors, Games Tags: Eidos Interactive, Crystal Dynamics, SCi Entertainment
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Lara Croft: Tomb Raider - Image 1Now that Tomb Raider: Anniversary is already on shelves (the Wii version's heading to Europe soon), a recent trademark filing by Eidos Interactive seems to shed at least some light on Lara Croft's next adventure. Find out more about the rumored eighth Tomb Raider game at the  full article.

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Posted Oct 11, 2007 at 05:22AM by Charles D. Listed in: News Tags: Ubisoft, Time Warner, Jane Cavanagh, SCi Entertainment
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Ubisoft drops out of the bidding race for Lara Croft's hand - Image 1It looks like Lara Croft won't be getting a new daddy any time soon. Contrary to prior reports that Ubisoft will be vying for SCi Entertainment, the company who owns the rights to one of the video gaming world's most popular female characters, it was announced by a spokesman that "Ubisoft has no intention of making an offer for SCI-Eidos."

Although Ubisoft won't be bidding for any shares to SCi Entertainment, SCi has been considering a number of potential buyers whose identities they were not willing to reveal just yet.

It looks like anybody who's interested in owning the hand of the fair Miss Croft won't find it cheap either. Analysts have reported that SCi management, led by Chief Executive Jane Cavanagh, will not accept anything less than 500 pence (around US$ 10) a share and could lead to something as high as GBP 300 million (US$ 600 million).

The three biggest bidders previously reported were Time Warner, Ubisoft, and an unnamed Chinese company. Ubisoft, however, explained that SCi's valutation did not fit with Ubisoft's "profitability criteria." In other words, the game for SCi's bid was just a little to rich for its blood.

Ubisoft's spokesman explained it further saying "we are looking at other opportunities for external and internal growth which can create more potential value for shareholders."

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Posted Sep 24, 2007 at 10:45AM by Isaac C. Listed in: News, Games Tags: Ubisoft, Electronic Arts, Time Warner, SCi Entertainment
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SCi Entertainment in bidding war - Image 1Here's an update on Lara Croft's rather sensitive position as the company that owns the franchise, SCi Entertainment, is up for grabs. While offers are primarily done behind closed doors, it's known that Ubisoft has made a bid for the company, as well as Time Warner. A third party, unnamed Chinese company, has also expressed interest.

Times Online supposes that the presence of three companies interested in the franchise, two of them major players, may result in a bidding game, which is no small thing considering that that the company's stock has risen significantly since its announcing its interest in being open to being taken over by third parties.

Currently, the company is estimated to be worth GBP 300 million (US$ 606 million), with Time Warner holding 10% of its shares. Another player, Electronic Arts, may also be expressing interest in SCi Entertainment, but whether it will participate in the bidding game is doubtful since it is the largest shareholder in Ubisoft.

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Posted Sep 08, 2007 at 08:41PM by Glen D. Listed in: News Tags: Ubisoft, Financial Times, SCi Entertainment
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Ubisoft - Image 1Reports of Ubisoft staking a bid in a buyout of UK games publisher SCi may have been premature as Financial Times reports about a source in the company saying that they're not exactly pushing for a takeover. "We are not in discussion with SCi Entertainment any more than we are with any other company in the industry," says the source who is familiar with the SCi situation.

The Financial Times report suggests that the more likely development to happen is a buyout from a private equity firm rather than an assimilation from a major player in the industry.

Ubisoft once pursued Eidos, makers of the Tomb Raider franchise, but failed in the pursuit by offering a sixth of what SCi is currently worth. Other big firms reported to be after SCi Entertainment are Electronic Arts and Time Warner.

Incidentally, the name of Iranian business tycoon Robert Tchenguiz has been involved in the issue as a possible bidder. The billionaire subsequently denied the rumor even though he owns 20 percent of SCi.

SCi admitted last week that it is holding preliminary buyout talks with interested parties, though it did not reveal specific names. Analysts suggest that the entire deal could be worth some US$ 600 million.

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Posted Sep 04, 2007 at 10:03PM by Glen D. Listed in: News, Tomb Raider 10th Anniversary Edition Tags: Jane Cavanagh, SCi Entertainment
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Lara Croft - Image 1If you're infatuated with Tomb Raider heroine Lara Croft and you want her to be yours alone, you'd better be ready to shell out the big bucks because she doesn't come cheap. About GBP £ 300 (US$ 600 million) should do the trick, though.

Publisher SCi recently announced that it is open to being taken over by third parties, and by extension all its intellectual property including the popular Tomb Raider franchise which has thrilled gamers across three gaming generations.

Share prices of SCi jumped from 37.5p to 375.5p immediately after word hit the streets on the company's willingness to sell out. The most eligible suitors at this point are industry heavyweights Warner Bros., Electronic Arts, and Ubisoft.

Preliminary talks are now being held with interested parties but no details have leaked from the negotiations. What's certain, though, is that CEO Jane Cavanagh and property mogul Robert Tchenguiz will cash in on a very sweet deal.

The Tomb Raider franchise celebrated its 10th anniversary this year with the release of Tomb Raider: Anniversary, which is a remake of the PSX original on the Microsoft Xbox 360, PC, and Sony PlayStation Portable.

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