Activision Grabs Guitar Hero
Under the terms of the agreement, RedOctane will become a wholly owned subsidiary of Activision and the company's management team and key employees will sign long-term employment contracts with Activision. RedOctane will continue to be based in Sunnyvale, CA. The transaction is expected to close during the current fiscal quarter. The closing of the transaction is subject to various specific and general closing conditions.
Developer Harmonix is currently working on Guitar Hero II (PS2), which is playable this week during E3 on the show floor..
From The Chatty
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Interesting, maybe this will allow red octane to have a stockpile of cash for songs? Also I hope someone can report on what songs people are playing on the e3 floor.