They had tried to get Eidos to sell them the IP back, or at least get licensed work for it, but it never happened. Square selling it was a ”surprising decision”.
“We’d been talking to SCI about doing more Carmageddon work six to seven years ago before they bought Eidos,” said Stainless CEO and co-founder Patrick Buckland.
“When they bought Eidos we were hoping to get more Carmageddon licensed work,” he added. ”We made them offers and tried to buy the license off them, but there was no way that Eidos or SCI were ever going to sell that license.”
Square Enix
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