E3 2005: SCi Ups Buyout Conditions; Eidos Board Resigns (CELL)

The plot thickens for the U.K. companies

by David Radd on Wednesday, May 18, 2005

Today, the news came out that SCi Entertainment Group had made its offer to buy out Eidos "wholly unconditional in all respects." Also effective as of today, all 8 of Eidos' Board of Directors have resigned. A new, temporary Board has already been established.

"On behalf of the SCi Board, I would like to thank the Eidos Board for their contribution over recent years and for their willingness to work with us to ensure a successful transition of the business," said Jane Cavanagh, CEO of SCi. "We wish them well for the future."

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The Shroud

The Shroud
  • GenreRPG
  • Release Date11/30/1999
  • PublisherYour World Games
  • DeveloperHardcore 3D Wireless
  • ESRBRP - Rating Pending