Molyneux denies layoff rumours as Microsoft closes in on Lionhead

Vikingod · Mar 25, 2006, 05:14 PM

Chatter at the Game Developers Conference in San Jose is strongly suggesting that Microsoft is on the verge of signing a deal to acquire British developer Lionhead, with rival bidder Ubisoft reported to be out of the running.

Well-placed sources in the development industry claim that the two companies are in the final stages of negotiation and may announce the deal within the coming days - but Lionhead founder Peter Molyneux has flatly denied claims that further job losses could happen at the studio in the wake of the acquisition.

"We have downsized from three studios to two and are now happy with the shape and size of Lionhead," Molyneux told GamesIndustry.biz today. "There are no plans for any further job losses."
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Read More / Source: GamesIndustry

Mar 25, 2006, 05:14 PM	#1
Vikingod Int'l Fish Liaison Join Date: Jul 2004 Location: By the light of lamp I sit and type... Posts: 16,187 Rep Power: 109 System Specs	Molyneux denies layoff rumours as Microsoft closes in on Lionhead Chatter at the Game Developers Conference in San Jose is strongly suggesting that Microsoft is on the verge of signing a deal to acquire British developer Lionhead, with rival bidder Ubisoft reported to be out of the running. Well-placed sources in the development industry claim that the two companies are in the final stages of negotiation and may announce the deal within the coming days - but Lionhead founder Peter Molyneux has flatly denied claims that further job losses could happen at the studio in the wake of the acquisition. "We have downsized from three studios to two and are now happy with the shape and size of Lionhead," Molyneux told GamesIndustry.biz today. "There are no plans for any further job losses." _____________ Read More / Source: GamesIndustry __________________ *How You Can Help DriverHeaven By Using Digg*