Japanese games giant Square Enix, maker of the Final Fantasy series, has launched a £84.3 million bid for Tomb Raider developer Eidos. The British firm last month confirmed an approach had been made on the company but didn’t reveal who. But now a 30-page document (pdf) confirms that the directors…

UK company developer Eidos is laying off 14 people and shuttering its mobile games studio in Manchester almost two years after spending £7.7 million on the facility, writes GamesIndustry.biz. The move marks Eidos’s retreat from casual gaming: as the company confirms to GamesIndustry, “We need to focus our efforts on…

Shares in video-game maker Eidos shot up by 42 percent at one point today after the company confirmed it received a takeover approach. A statement on the company’s website says it’s early days and that discussion may not lead to a deal, but it is welcome news for the company…

The UK’s largest independent games producer Eidos has lowered its revenue forecast for 2009 and may have to renegotiate its debt arrangements after disappointing Christmas sales of its latest Tomb Raider game franchise in the US. The game sold approximately 1.5 million units between its launch on November 18 and…

Time Warner (NYSE: TWX) has increased its stake in Eidos’ Lara Croft game maker SCi Entertainment, which last week renamed to Eidos Plc, as bidders continue to hover over the ailing studio. Time Warner increased its holding from 42.5 million to 52.5 million shares, or 19.92 percent of the outfit.…