EIDOS FRENZY AMID
ACQUISITION RUMOURS
Copyright 2002 www.tombraiderchronicles.com
[ November 26th 2002 ]
Eidos
Interactive has witnessed heavy trading on its
share price amid speculation of an acquisition
spree by Activision, the second largest computer
games publisher in the United States. The games
giant filed for $500 million worth of new securities
with US regulators last week, and nods from brokers
Evolution Beeson Gregory has rallied trading sending
Eidos' share price to 150 at close of trade today,
the second highest in six months.
Eidos
recently announced that phenomenal sales figures
for both Hitman 2: Silent Assassin and Timesplitters
2 has helped the company achieve its highest market
share in the United States for over four years
and in the United Kingdom for almost two years.
In October, Eidos was ranked number three in the
US with a market share of 6.9 pct, based on total
revenues and number two in the UK with a market
share of 9.9 pct.
In the
US Hitman 2: Silent Assassin was the third biggest-selling
game on all formats and TimeSplitters 2 was the
eighth. In the UK Hitman 2: Silent Assassin was
the top selling game on all formats and TimeSplitters
2 was the fifth. During October, Eidos stole the
crown from Nintendo's Super Mario by sending Hitman
2: Silent Assassin to numero uno in the all-formats
ELSPA charts compiled by ChartTrack, the watchdog
responsible for monitoring and reporting on sales
of music, video and software via retailers' EPOS
systems.
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