In a meeting with industry analysts at the 2008 Morgan Stanley Technology Conference today, Electronic Arts CFO Warren Jenson briefly addressed his company's ongoing attempt to acquire rival Take-Two Interactive.
Industry watchers have speculated that an EA buyout of Take-Two, which owns development houses Rockstar, 2K Boston, 2K Sports, and Firaxis, could result in renegotiations or outright flight on the part of some of the above, especially the ones that make games with "grand" and "auto" in the title.
At today's conference, one analyst asked where EA places the value at Take-Two. If it's all about the talent and the talent feels it won't fit in at EA, what are you buying if they jump ship?
"We consider the people at Take-Two as diamonds," Jenson said.