Develop reports that Eidos has closed its Rockpool Studios in Manchester. The company was acquired in 2007 to bolster Eidos’s activities in casual and mobile. Arguably Rockpool didn’t fit into Eidos’s new studio-led, IP-centric strategy and is...

Following the news that sales of Tomb Raider Underworld disappointed, Kotaku reports that Eidos has made 30 staff redundant at developer Crystal Dynamics. The redundancies are added to the GameOverZone.

The announcement issued this morning by Eidos warning of lower revenues as a result of disappointing sales of Tomb Raider Underworld makes stark reading for investors. The shares had fallen by 26% by lunchtime today to 12.75p,...

Eidos announced today that they were lowering their full-year revenue expectations by £20m due to their latest Lara Croft game, Tomb Raider Underworld, selling less than expected (it has sold 1.5 million units to date globally). Apart from...

I blogged earlier in the year about the dangers Eidos was running by launching Tomb Raider Underworld so close to Thanksgiving: the late release date gave no room for slippage and ran the risk that it would...

Following my post about takeover speculation surrounding Eidos, Warner has changed its statement. According to Gamesindustry.biz, the company said: “Warner Bros. notes that it intends to acquire shares in SCi if and when it considers appropriate, subject...

Yesterday, Eidos altered its standstill agreement with Warner Bros. The agreement, put in place at the time of the April fundraising, stopped Warner from raising its stake in Eidos without permission. Warner is now able to raise...