Thursday, July 28, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Adds Artificial Intelligence Elements To New Smart Camera App
Xiaomi Announces Redmi Pro OLED Smartphone And Mi Notebook Air Laptop
Future Apple Stylus Could Operate as a Joystick
Twitter's Video Advertising Expansion Remains Slow
LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production
Nintendo Reports First-quarter Loss
Samsung To Release HDR+ Firmware Update for 2016 SUHD TVs
Apple To Invest In AI And AR As iPhone Sales Keep Declining
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
Seagate Releases First 2TB M.2 Enterprise SSD
Smartwatch Shipments Fall Significantly In the Second Quarter
Seagate Unveils 10TB hard Drive Portfolio
Seagate Ups Q4 Outlook, Cuts 6500 Jobs
Samsung LEVEL U Pro ANC Headset Promises Studio-quality Sound
Google Wants To Make Websites Viewable in VR
Seagate To Axe 1,600 Employees
Samsung Launches Virtual Reality Creators Program
LG's Portable Art Speaker Combine Art With Music
Razer's new HDK2 VR Headset Mirrors the Oculus Rift, But Costs Less
EA Unveils Titanfall 2, Battlefield 1, Mass Effect Andromeda, And More at E3 2016
Samsung Gear Fit2 GPS Sports Band Launches Globally

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .