EA snags up BioWare and Pandemic
Posted 14 October 2007 - 10:26 PM
In a surprise move, Electronic Arts announced today that it would be acquiring both BioWare Corp. and Pandemic Studios. This deal was reached with Elevation Partners to buy out VG Holding Corp., which owns both development studios. EA will pay up to $620 million in cash and will issue up to an additional $155 million in equity to certain VG Holding employees, while also assuming all outstanding VG Holding stock options and lending VG Holding up to $35 million through the closing of the acquisition.
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Posted 17 October 2007 - 02:56 AM
Posted 18 October 2007 - 04:56 PM
Posted 19 October 2007 - 07:13 AM
Posted 17 January 2010 - 06:13 AM
But still Microsoft is the winner in most respect, right? Some Ea games are amazing, but in overall position, Microsoft kicks EA's games big time!
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