EA Acquires PopCap For USD 750 Million

Electronic Arts today announced an agreement to acquire PopCap Games, one of the top casual games developers on mobile phones, tablets, PCs and social networking sites.

EA will pay approximately $650 million in cash and $100 million in shares of EA common stock to be issued to certain stockholders of PopCap.

"EA and PopCap are a compelling combination," said EA CEO John Riccitiello. "PopCap's great studio talent and powerful IP add to EA's momentum and accelerate our drive towards a $1 billion digital business. EA's global studio and publishing network will help PopCap rapidly expand their business to more digital devices, more countries, and more channels."

PopCap catalogue includes several of the most successful casual titles such as Zuma, Bejeweled and Plants Vs. Zombies. Around 150 million PopCap games are currently installed and played worldwide on platforms such as Facebook, RenRen, Google, iPhone, iPad and Android.

"PopCap has a proven financial trajectory with sustained revenue growth and double-digit operating margins," said EA CFO Eric Brown. "On a non-GAAP basis, this deal is expected to be at least ten-cents accretive in fiscal year 2013."

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Comments

Weed

"amen brotha lol weed is like least dangerous thing out there... fucking alcohol is still legalized? holy shit,,, please, if u compare tobacco and alcohol with weed,, weed is not even a drug... fucking idiots..."

So, by your logic, because alcohol and tobacco is legal and dangerous, we should legalise weed as well, which in itself is dangerous (induces schizophrenia and tears the shit out of your lungs, among things).

Meh

People aren't afraid of drugs, they are afraid of what happens next. That is why we have laws, but sometimes what we forget is why these laws exist in the first place.

Well

Well here is another case of a big fish eating a little fish. Pretty soon there will be only a couple of big fish in the pond. Looks like the only game in town is monopoly.

Meh

If there is way too much money in this world then we know where all the trees went.

Electronic Assholes did it again!

yo

why do you have to be such a liberal. it's a free country. people can do what they want with "their" money. stop feeling like "THEIR" money should go to stupid shit you feel more important.

free country, bullshit

LOL, why does everyone say that?
free country? please... that freedom is only eye candy for you enjoy, there really is no freedom. america wasn't even free in first place. personally i hate conservatives and some other jackshit. they are so closed minded and don't like to accept new things.

is it free country when there are bunch of stupid shit laws being created trying to kill your rights step by step.

amen brotha lol weed is like

amen brotha lol
weed is like least dangerous thing out there...
fucking alcohol is still legalized? holy shit,,, please, if u compare tobacco and alcohol with weed,, weed is not even a drug... fucking idiots...

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