 EA snags up BioWare and Pandemic |
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| EA snags up BioWare and Pandemic |
 Oct 14 2007, 10:26 PM
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 Verto Venatus Deus!  Group: Moderators Posts: 913 Joined: 18-December 03 From: Missoula, MT Member No.: 735   |
 The largest combined independent development studio in the world is independent no more. The acclaimed studios will now be subsumed by Electronic Arts and entered into the EA Games fold. This move complements EA's recent strategy emphasizing quality content based upon original IPs. [Update: Mass Effect headed to PS3? Microsoft responds...]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. Source is Here -------------------- I'm Back!
Certifications: MCSA, MCSE & A+ General Information Technology & Support. Ex-Owner & Operator of Hackers(dot)Com Owner & Operator of Ace Technologies & Securities Inc. (currently spending a year dead for tax purposes) Proficient with Multiple Forum Communities in providing layman Tech Support & Solution Solving. Next Scheduled Attending Event: SpoCon Spokane, WA |
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Oct 19 2007, 07:13 AM
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 Heavenly Sword  Group: ++Member Posts: 756 Joined: 12-December 04 From: Sydney Member No.: 2,089  |
EA and Microsoft been hating each other for years, this news ain't nothing new.
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Mario EA snags up BioWare and Pandemic Oct 14 2007, 10:26 PM
Aberdeen Wow. There's a Pandemic studio bout an hour fr... Oct 16 2007, 12:43 PM MaD_cOw I hope it turns out the same way EA handled buying... Oct 17 2007, 02:56 AM Tyreal Ea is probably going to kick Microsoft in the junk... Oct 18 2007, 04:56 PM
timadamer QUOTE(Tyreal @ Oct 18 2007, 04:56 PM) Ea ... Jan 17 2010, 06:13 AM |
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Lo-Fi Version | Time is now: 3rd September 2010 - 06:30 PM |
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