Ubisoft not interested in bidding for Lara Croft's ownership

Posted Oct 11, 2007 at 12:22AM EST by QJ Staff

Listed in: News, Titles Tags: Jane Cavanagh, SCi Entertainment, Time Warner, Ubisoft

Ubisoft drops out of the bidding race for Lara Croft's hand - Image 1

It looks like Lara Croft won't be getting a new daddy any time soon. Contrary to prior reports that Ubisoft will be vying for SCi Entertainment, the company who owns the rights to one of the video gaming world's most popular female characters, it was announced by a spokesman that "Ubisoft has no intention of making an offer for SCI-Eidos."

Although Ubisoft won't be bidding for any shares to SCi Entertainment, SCi has been considering a number of potential buyers whose identities they were not willing to reveal just yet.

It looks like anybody who's interested in owning the hand of the fair Miss Croft won't find it cheap either. Analysts have reported that SCi management, led by Chief Executive Jane Cavanagh, will not accept anything less than 500 pence (around US$ 10) a share and could lead to something as high as GBP 300 million (US$ 600 million).

The three biggest bidders previously reported were Time Warner, Ubisoft, and an unnamed Chinese company. Ubisoft, however, explained that SCi's valutation did not fit with Ubisoft's "profitability criteria." In other words, the game for SCi's bid was just a little to rich for its blood.

Ubisoft's spokesman explained it further saying "we are looking at other opportunities for external and internal growth which can create more potential value for shareholders."

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They create a bunch of new ones every year, so instead of paying 600 000 000$US to have an idea, they'll just think about an idea, wow, they just saved 600M$ LOL.

That's how they made assassin's creed, with a bit of thinking instead of buying.

ps: I prefer paying a story telling guy (a guy with a LOT of imagination) PLUS a guy that can write a realy good story 500k$ each for the project instead of buying an old IP!

# Wow — chucky3456 2007-10-11 05:28

Wow how insensitive QJ. How can you say Lara will have a new daddy? He got capped, remember? You probably made Lara cry :(

# Lara's new daddy — Charles D. 2007-10-11 19:20

Awww, I didn't mean it that way. Besides, I think Lara would appreciate having a rich new daddy to fund all of her expensive tomb raiding trips, don't you think?

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Ubisoft not interested in bidding for Lara Croft's ownership

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