From Gamasutra:

A court has approved Square Enix’s takeover of U.K.-headquartered Tomb Raider house Eidos, according to an announcement today by Eidos’ board of directors.

Square Enix hopes that the acquisition of a major Western game publisher will give the Tokyo, Japan-based firm a greater foothold in Europe and North America.

The takeover is on track to become effective on April 22, when Eidos franchises such as Tomb Raider and Deus Ex will come under the same roof as Square Enix’s revered Final Fantasy series and other properties.

Eidos has released its financial results for the six months to the end of December 2008 with a relatively strong statement, including revenues up over 26 per cent and losses cut to just GBP 1 million.

…

"The first six months of trading this year were characterised by an incredibly competitive and increasingly challenging retail environment," said Phil Rogers, CEO of Eidos. "The changes made at Eidos over the past year, coupled with the continued hard work and determination of our employees and external partners, means we are well placed one year into our three-year strategic plan to produce higher-quality, must-have games to entertain our consumer."

Tomb Raider: Underworld was the main reason for increased revenues, selling 2.6 million units, "and at approximately 1.5 million units sell-through is outselling the two most recent iterations of the game over the same period, but lower than the initial plan set," a statement read.

Following UK publisher Eidos Interactive’s announcement that sales of Tomb Raider Underworld didn’t hit its internal forecast, the publisher’s shares dropped 25% this morning (there’s been some slight recovery since). Eidos states that Lady Croft’s latest adventure, since its debut in November, sold 1.5 million copies by the end of 2008, which makes us question how high Eidos set the bar for the adventurer to spring, swing and flip off of.

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