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Eidos Acquires Danish "Hitman 2" Developer IO Interactive for $42 Million

Authored by Mark Hefflinger on March 4, 2004 - 6:49am.
London -- U.K.-based video game developer Eidos announced on Thursday that it will acquire Denmark-based developer IO Interactive, creators of titles like "Hitman 2" and "Freedom Fighters," for $42 million. The purchase price could increase to $51 million, based on a four year, performance based earn-out. Eidos, known for its "Tomb Raider" game franchise, said the acquisition of IO increases its internally owned intellectual property and strengthens its European creative base and resources for development.
tags: Eidos | Interactive | Danish | Hitman 2 | IO |