Friday, April 18, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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
LaCie Showcases Latest Thunderbolt 2 Storage Solutions Based on New 6TB Seagate Hard Disks
TEAC Releases New Solid State Video Reproducer
EA Games Server Compromised
Google Android Wear Coming On Wearables
Sony's Wireless Speakers Available Today Starting From $200
Creative Subsidiary ZiiLabs Files Patent Infringement Lawsuit Against Samsung and Apple
Seagate, WD Announce Latest Surveillence HDDs
Samsung's Next Smartwatch to Run On Tizen OS
Vintage Design Meets Hi-tech Audio in TEAC's SL-D930
Hitachi HDDs Have The Lowest Failure Rate: report
Seagate, LaCie Showcase Their Storage Technologies at CES
Seagate to Acquire Xyratex For $374 mln

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .