Sunday, January 22, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Sues Qualcomm Over Patent Royalties
Sharp Establishes New Research and Development Center for Home Appliances in China
Samsung Seeks Arbitration Over LCD Supply Halt
Canon May Invest In Toshiba's Chip Business
Samsung To Explain What Caused The Galaxy Note 7's ban In Press Event
Nintendo's 'Fire Emblem Heroes' Smartphone Game features in-app Purchases
Fujifilm X-T20 Features New 24MP Sensor and 4K Video Capture
Samsung Begins Rollout of Android 7.0 Nougat
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Games > EA to A...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 13, 2011
EA to Acquire PopCap Games For $750M


Electronic Arts on Tuesday announced an agreement to acquire PopCap Games, a provider of games for mobile phones, tablets, PCs and social network 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.

PopCap is one of the largest digital and social gaming companies with more than 150 million games installed and played worldwide on platforms such as Facebook, RenRen, Google, iPhone, iPad and Android.

"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."

"We picked EA because they have recast their culture around making great digital games," said David Roberts, CEO of PopCap. "By working with EA, we'll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience."

The transaction is expected to close in August 2011, subject to customary closing conditions, including regulatory approvals.

Also Tuesday, EA, citing preliminary results, said it now expects fiscal first-quarter revenue of $975 million to $1 billion and an adjusted loss of 37 cents to 40 cents per share - better than it had previously predicted. Riccitiello said the change was due to lighter expenses during the quarter.


Previous
Next
Microsoft Previews Windows Server 8, Next SQL Server        All News        AT&T To Release 4G Devices This Summer
Netflix Streaming Now Available on Nintendo 3DS Systems     Games News      Zynga Acquires Toronto-Based Five Mobile Team

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung's Latest Wearables Get iOS Compatibility
The Daydream-ready Family Of Smartphones In Expanded
Intel To Bring Standalone Project Alloy VR Headset By The End Of the Year
DJI and Seagate Partner to Advance Data Solutions for the UAV Ecosystem
Google To Launch First Android Wear 2.0 Smartwatches Early 2017
Samsung Updates Internet for Gear VR
LG Uses 'Deep Learning' Technology To Make Home Appliances Smarter
New Samsung VR Headsets To Be Improved Upon HoloLens, Magic Leap
Seagate, SK Hynix To Team Up On Enterprise SSDs
AMD Announces Radeon Instinct GPU Accelerators for Deep Learning
Global Virtual Reality Association Established To Promote VR
Samsung Offers Second Gear S2 Update

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .