Back in December 2020 we learned that Electronic Arts (EA) was interrupting Take-Two Interactive’s bid on racing game developer and publisher Codemasters. Today, EA confirmed that the acquisition has been finalized and Codemasters is now officially an EA subsidiary. The deal was financed with cash on hand, with EA paying roughly $8.37 per share of Codemasters.
With Codemasters’ franchises like Dirt, Grid and Project Cars added to EA’s existing roster that includes Need for Speed, EA openly referred to the deal as making EA “the home of racing games.” The acquisition is intended to expand Codemasters’ reach with “significant growth opportunities” paired with EA’s marketing and research teams.
“This is the beginning of an exciting new era for racing games and content as we bring together the talented teams at Electronic Arts and Codemasters,”said Andrew Wilson, CEO of Electronic Arts. “Racing fandom continues to grow worldwide, and the franchises in our combined portfolio will enable us to create innovative new experiences and bring more players into the excitement of cars and motorsport. Our teams will be a global powerhouse in racing entertainment, with amazing games for players on every platform, and we can’t wait to get started.”
EA’s Q3 2021 financial results show the company now sees a 62% digital share of players, while growth for EA Play has reached nearly 13 million subscribers thanks to Xbox Game Pass Ultimate. Some of the company’s upcoming titles include the Mass Effect: Legendary Edition trilogy remaster and a new Battlefield game, the latter of which is coming in Holiday 2021.
Dirty racing
Dirt 5
The latest off-road racer.
Dirt is back again with Dirt 5, a more approachable racer than previous entries that intends to draw in old and new players alike with gorgeous graphics, addictive racing mechanics, and more.
We may earn a commission for purchases using our links. Learn more.
Review: VAIO Z (2021) is the lightest most powerful Windows laptop yet
VAIO is back with the brand-new VAIO Z for 201. A super light 14″ Ultrabook built using carbon fiber, but with the heart of a workstation, VAIO Z is unlike any other laptop on the market due to its powerful 35W Intel Core i7-11375H processor. But its exquisite and quality design comes at a very high price.
This post was written by Samuel Tolbert and was first posted to WindowsCentral
Do you find this article helpful? Your Friend might too. So, please Share it with them using the Share button above.
Will you like to get notified when I post new updates? Then Follow me on any of my social media handles: Google News, Telegram, WhatsApp, Twitter, Facebook, Pinterest.
You can also drop your email address below if you wish to be notified by mail.