Eidos Acquires Rockpool Games
Eidos announced today its acquisition of UK-based mobile game developer Rockpool games. The news comes just days after Eidos reaffirmed its commitment to the mobile and casual games spaces.
Rockpool's 36-strong development staff, as well as sister-companies Ironstone Partners and SoGoPlay will be rolled into Eidos' New Media division,
Mobile-Ent.biz reports that the minimum acquisition price is 1.2 million pounds ($2.35 million), increasing to a maximum of 7.7 million pounds ($15.1 million) by 2010 if specific performance levels are met. Of the initial payout, $1.37 million will payable as cash, with the remaining $1 million issued in new SCi shares.
The remaining performance-based $12.75 million will be paid out in three stages between 2007 and 2010 as 50 percent cash, 50 percent SCi shares. The specific details of the performance requirements have not been revealed.
Rockpool is perhaps best known for developing mobile versions of Worms, MotoGP, and Toca Race Driver. Sister-company Ironstone Partners is a licensing company that owns various IP rights, including the rights to the Epyx back-catalogue. SoGoPlay is a casual games developer and publisher, perhaps best known for its web game Fruit Fall.
"This acquisition is a tremendously exciting prospect for Eidos. Rockpool brings us a rich pool of talent along with a proven ability to deliver high-quality projects. In addition to their continued work on external projects, we look forward to bringing their experience and creativity to bear on some of our own titles over the coming months," Simon Protheroe, New Media and IT Director, Eidos said in a statement.
Specific development plans were not revealed, but it seems safe to assume that Rockpool will be working on leveraging more Eidos IP to mobile, as Eidos recently made very clear its desire to expand more of its brands onto the mobile medium.