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It was announced today by Square Enix and Eidos the general way in which Eidos will operate under Square Enix “following the completion of the £84 million acquisition last week.” For the most part, Eidos will remain unchanged. The brand will remain and the company will run as an “independent, wholly-owned subsidiary of Square Enix Holdings.” Moreover, Eidos CEO Phil Rogers will remain Eidos honcho but report directly to Yoichi Wada, President and CEO of Square Enix Holdings Co., Ltd. Below you’ll find relevant quotes from the major players involved.
Yoichi Wada, President and CEO, Square Enix Holdings Co.,Ltd., said: “This is an exciting beginning to what I believe will be an incredible journey. I am very happy that Phil Rogers has agreed to lead Eidos in what I see as an international marriage between our two companies, a marriage that will give birth to great things. Eidos is a content rich company and a culturally significant business to the Square Enix group.” Phil Rogers, CEO, Eidos, said: “This is a watershed moment for Eidos. We have the backing of an incredible company which believes in our strategy and our people. In the Square Enix group, we have a parent company, which I have held in high respect for many years, with their meticulous level of perfection and unyielding directive to never compromise on quality. We have an incredible opportunity to truly deliver on our creative vision; this is a new chapter for Eidos.” |
