$ 1.2 billion acquisition of Codemasters – completed

she He announced that he had completedAcquisition of Codemasters: The company, devoted to driving games, is now part of Electronic Arts. The deal is closed to $ 1.2 billion. To celebrate the event, Electronic Arts released a tweet with a short dedicated video, visible at the bottom.

The Andrew Wilson, CEO of EA, We also released a statement that we propose in translation: “This is the beginning of an exciting new era for racing games: Today we unite the talented teams of Electronic Arts and Codemasters. Our teams will become a global car entertainment company, with amazing games for users of every platform – we can’t wait to get started.”

Until th Codemaster CFO, Frank SagnerStatement: “Today is a turning point in Codemasters’s history and an exciting day for our employees and players. Partnership with EA will enable our teams to take proven franchises to new heights and reach audiences. Much thanks to Electronic. Network of Arts Players. Together we can redefine the gaming landscape. Driving to create more compelling experiences to lead gaming fans around the world. ”

The Age of Code Masters In previous conversations with Take-Two Interactive, Which offered $ 994 million. However, EA overshoot the bid, to reach $ 1.2 billion. The decision was taken by a vote of the company’s shareholders.

Now, EA owns the rights to the DirtAnd the Network And the annual series Formula One. Codemasters also recently acquired rights FIA WRC It buys developer Slightly Mad Studios Cars project H Crossroads of freeways and furious. Aside from those, EA owns The need for speed H Burnt. So it looks like driving games in the near future will mostly carry the EA brand.

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Also, Prince Mohammed bin Salman recently bought a piece of EA.

Maggie Benson

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