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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness. REUTERS/Philippe Wojazer

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    Electronic Arts, Take-Two in confidential talks

    NEW YORK
    Mon Aug 25, 2008 5:24pm EDT
    Electronic Arts Chief Executive Officer John Riccitiello speaks at the Electronic Arts news conference at the 2008 E3 Media & Business Summit in Los Angeles July 14, 2008. REUTERS/Mario Anzuoni

    NEW YORK (Reuters) - Video game makers Electronic Arts Inc and Take-Two Interactive Software, Inc signed a confidentiality agreement after agreeing to hold private talks about a potential transaction, EA said on Monday.

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    EA, publishers of the popular "Madden" and "Need for Speed" games, dropped its hostile pursuit last week of Take-Two, the maker of the hot "Grand Theft Auto" games, after Take-Two agreed to spell out its three-year product plans, but only in private.

    "As a result, EA does not intend to make any further announcements regarding the status of any discussions or negotiations with Take-Two unless and until discussions between EA and Take-Two have been terminated or such parties have entered into a transaction," EA said in a regulatory filing with the U.S. Securities and Exchange Commission.

    EA offered to buy Take-Two for $25.74 a share, or about $2 billion, in April. The bid was promptly rejected as too low.

    Shortly after EA dropped its bid, U.S. antitrust regulators said they would approve a combination of the two companies.

    (Reporting by Kenneth Li; editing by Jeffrey Benkoe)
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