The world’s largest software firm could become the world’s leading peripherals manufacturer if rumors linking Microsoft with a takeover of Logitech bear fruit.
According to a Reuters report, rumors are circulating amongst traders that Microsoft may be about to launch a takeover bid for Logitech at 48 francs per share, representing a premium of 38 percent and valuing the company at 9.16 billion francs. The speculation has seen the Swiss company’s shares gain up to 12 percent Thursday.
Logitech board member Daniel Borel, the group's largest shareholder, sounded less than enthused about the prospect of selling his six percent stake.
"I am a co-founder of Logitech. Would you be willing to sell your child?
"I have no reason to sell. But I will not be the one to decide. I own only some 6 percent so I will neither enable nor prevent a sale of Logitech."
New Line Home Entertainment has confirmed that it plans to drop support for Toshiba's HD DVD format in favour of Sony's Blu-ray platform, according to an article in the Hollywood Reporter.
The news comes after last week's announcement by Warner Bros that it would be following a Blu-ray-exclusive path from now on, a move which led to the cancellation of the HD DVD press conference at the Consumer Electronics Show in Las Vegas.
US TV giant HBO will also follow suit, meaning that in future some of the most popular TV series' such as The Sopranos, will not be released on the HD DVD format at all.
Recently Microsoft, which had been seen to favour the HD DVD format with the release of its Xbox 360 player attachment, stated that it had no preference on format, and that if necessary it could release a Blu-ray attachment as appropriate.
Burnout 3: Takedown is now available on Xbox Originals for 1200 points.
Xbox Originals on Xbox Live Marketplace brings you original Xbox games to play on your Xbox 360. Relive your favorites or find games you missed the first time around.
Burnout 3: Takedown rewrites the rules of the road. Arcade racing is now driven by a new mantra: Aggressive Racing Required. Racing gamers and adrenaline junkies are invited behind the wheel to experience unprecedented speed and action. Use your car to battle your way to the front of the pack. Take down rivals and trigger spectacular crashes.
Xbox Evolved has many sources indicating that the classic N64 Rareware title “Goldeneye 007” will be coming to Xbox Live Arcade later this year, as well as many others.
Talking with very reliable sources, and seeing evidence ourselves, Xbox Evolved believes that Microsoft, Rareware, MGM Studios (studio that makes the James Bond 007 movies) and Activision (holds the license for James Bond 007 titles right now) have come to an agreement to bring the Rareware developed Goldeneye 007 out to Xbox Live Arcade shortly before the new game developed by Activision is released.
The title will feature updated graphics, and of course an all-new Xbox Live multiplayer. Not only that, but we have found evidence that Rareware is planning on releasing even more of their back catalog onto Xbox Live Arcade, specifically, Perfect Dark and the original Banjo-Kazooie. Expect more on at least Goldeneye 007 later this year.
The ESRB has revealed that Pop Cap plans to release an Xbox 360 version of Peggle on Xbox Live Arcade.
Wield mystifying Magic Powers, rack up huge bonus points and make shots you'll smile about for weeks. Amidst all this fevered action, only one question remains: Can you become a Peggle Master? This Xbox 360 version of Peggle is the complete package for fans of the original game. Bonus features include online and offline multiplayer as well as downloadable content features.
Named as one of the "top 5 most addictive computer games of all time" by MSNBC, the objective in Peggle is to complete 55 stages by removing all orange pegs on each stage.
The latest company to possibly jump on the Blu-ray bandwagon is none other than Microsoft itself, the backers of the rival HD-DVD format.
According to BetaNews, Albert Penello, director for global marketing at Microsoft, revealed that while his company will continue to back the HD-DVD for the 360, that because of the external drive capability of the Xbox, that it would be also possible to ship a Blu-ray drive for the game machine if HD-DVD didn't survive the battle against Blu-ray.
However, Penello also stated that the numbers don't really add up as far as which next gen DVD format is leading. While more movie studios are jumping ship to Blu-ray, he noted that consumers are still choosing the HD-DVD format over the Sony format.
"Consumers are choosing HD DVD, but Hollywood isn't listening. While HD DVD has been trying to sell the format to consumers, Sony has focused on selling the Blu-ray brand and company."
But in spite of the huge blow to HD-DVD with the recent announcement of Warner going over to the other camp, Penello stated firmly that the Microsoft backed format would not be going away.
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Logitech board member Daniel Borel, the group's largest shareholder, sounded less than enthused about the prospect of selling his six percent stake.
US TV giant HBO will also follow suit, meaning that in future some of the most popular TV series' such as The Sopranos, will not be released on the HD DVD format at all.
Burnout 3: Takedown rewrites the rules of the road. Arcade racing is now driven by a new mantra: Aggressive Racing Required. Racing gamers and adrenaline junkies are invited behind the wheel to experience unprecedented speed and action. Use your car to battle your way to the front of the pack. Take down rivals and trigger spectacular crashes.
The title will feature updated graphics, and of course an all-new Xbox Live multiplayer. Not only that, but we have found evidence that Rareware is planning on releasing even more of their back catalog onto Xbox Live Arcade, specifically, Perfect Dark and the original Banjo-Kazooie. Expect more on at least Goldeneye 007 later this year.
Named as one of the "top 5 most addictive computer games of all time" by MSNBC, the objective in Peggle is to complete 55 stages by removing all orange pegs on each stage.
However, Penello also stated that the numbers don't really add up as far as which next gen DVD format is leading. While more movie studios are jumping ship to Blu-ray, he noted that consumers are still choosing the HD-DVD format over the Sony format.
