Sunday, May 27, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Takes The Lead Over Amazon in Smart Speaker Market
FBI Says Reboot Your Router to Stop Malware Infecting 500k Devices
ASUS Chromebox 3 Series Coming in July
U.S. to Impose Fine, New Management to ZTE to Keep it in Business
Facebook Keeps Working on In-house Chip Designs
AMD Increased GPU Market Share in Q1
Seagate's New VR Power Drive Adds Capacity and Extends Battery Life of the HTC VIVE Focus VR Headset
Samsung Should Pay Apple $539 million in Patent Retrial
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
Google Takes The Lead Over Amazon in Smart Speaker Market
Seagate's New VR Power Drive Adds Capacity and Extends Battery Life of the HTC VIVE Focus VR Headset
Qualcomm Snapdragon XR1 SoC to be Dedicated to VR and AR Headsets
LG Display and Google Develop an 18 megapixel 4.3-inch 1443 ppi 120 Hz OLED display for VR
Fujitsu Launches Quantum-Inspired Digital Annealer Cloud Service
Japan Display Develops 1001ppi LCD for Virtual Reality Applications
Google's Third Generation of Tensor Processing Unit Offers 100 Petaflops in Performance
Google's ARCore 1.2 Enables Shared AR Experiences Across Android and iOS
Lenovo VR Solo Daydream Standalone VR Headset Now Available
Google, Baidu Support New MLPerf AI Benchmark
Teac Sees No Impact from Gibson Brands Filling for Bankruptcy
EU to Regulate Tech Giants' Online Business Practices, Move to Tackle Online Disinformation

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .