New game idea: "Grand Theft Auto IX: Hostile Takeover. " You're the CEO of a major tech company and your generous offer to buy one of your...

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New game idea: “Grand Theft Auto IX: Hostile Takeover.”

You’re the CEO of a major tech company and your generous offer to buy one of your rivals was just rejected. What do you do?

Navigate the mean streets of Manhattan and Silicon Valley, taking secret meetings with big investors touting the synergies and efficiencies of your proposal. Ratchet up the pressure with targeted media leaks. Tinker with the price or structure of your offer to bring the target company’s board of directors around.

If that fails, go hostile, baby! Bring that cash deal to the shareholders themselves.

Alternate scenario: You’re the co-founder and the company into which you’ve poured the best years of your life, and you, are staring into the maw of a corporate giant.

With lawyers, investment bankers and journalists swarming your headquarters, you find a plausible survival strategy that won’t land you on the receiving end of a shareholder lawsuit.

Take a meeting with a would-be “white knight” to cut a deal that lets you escape with your dignity, but don’t get caught without options and a quarterly earnings report right around the corner.

In other news, last week Electronic Arts took its $26-a-share offer for Take-Two Interactive directly to shareholders. Take-Two publishes the “Grand Theft Auto” series, created by its Rockstar Games studio.

Garbage in

The demand for alternative fuels is pushing sources for biofuels down the food chain from corn to switch grass to pond scum to … common household trash?

That’s right — garbage could be a key to the Northwest’s energy future, says a report being released today by the Pacific Northwest National Laboratory.

The emerging ethanol and biodiesel industry here is dependent on imported feedstocks. To expand enough to make a difference to the economy and the environment, the industry needs to look “beyond the Midwest model” at nontraditional local sources, said the PNNL’s Mike Davis.

The region’s municipal solid waste is a good choice because it’s abundant, 70 percent organic and the infrastructure to collect it already exists, the report says. What’s needed now is better technology to convert the biomass into biocrude.

Oldie but goodie

For all the attention paid to the current generation of video-game consoles, one of February’s top sellers first hit the market in 2000.

That would be the Sony PlayStation 2, which outsold its descendant, the PlayStation 3, and Microsoft‘s Xbox 360 in February, according to U.S. sales data released last week by The NPD Group.

The PS2 sold 351,800 units in February — up (!) 19.2 percent from the same period a year ago. Only the Nintendo Wii sold more units.

NPD analyst Anita Frazier said she expected the PS2, with its “huge install base” and “massive content library,” to have some serious staying power, but February’s result surprised her, too. So what gives?

For those about to rock, Sony salutes you.

“I think ‘Rock Band’ and ‘Guitar Hero 3’ are breathing extra big life into the system,” Frazier told us in an e-mail. “They’re games that appeal to both the masses and true gamers and with the price of the PS2 being what it is [about $130], makes it an easy purchase decision for those that want to try these games.”

On the record

Benchmarks: Melodeo, a Seattle provider of mobile-music services, has surpassed the 1 million mark in the number of users of its nuTsie service. The service gives the user mobile access to a iTunes music library.

Partnerships: Bellevue-based HipCricket, a mobile marketing company, is partnering with the Jameson whiskey brand to send Irish toasts to consumers by text message today, St. Patrick’s Day.

Download, a column of news bits, observations and miscellany, is gathered by The Seattle Times technology staff. We can be reached at 206-464-2265 or biztech@seattletimes.com.