EA is so not planning on buying Harmonix

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Harmonix, the development team behind the Rock Band games, is up for sale. EA is the publisher for the Rock Band series; it kind of makes sense that an acquisition is in order. Apparently, it definitely is not and that’s according to EA CEO John Riccitiello.

It’s clear that Riccitiello thinks the writing is on the wall as far as the rhythm game genre is concerned, which has experienced a constant decline over the last few years. According to the EA CEO, buying Harmonix would be the equivalent of trying to “catch a falling knife”. Ouch.

Speaking to Bloomberg, Riccitiello was candid in his response to rumours of an EA buyout of Harmonix: “I don’t need a billion dollar acquisition. There is going to be a time when perception catches up with facts… There are probably 25 companies on our radar that would make sense for us at somewhere between five and ten per cent the asking price [of Harmonix].”

It must be good to know that your publisher has faith in your ability as a development team. Business is business I guess.

Source: CVG

Last Updated: November 30, 2010

Miklós Szecsei

I'm a freelance writer who has somehow managed to convince people to pay me to play video games. By day I work a job, but by night and early hours of the morning, I write about video games. The one job provides a living for my family; the other provides a living for my soul. Dramatic, right?

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