• EA to Acquire Racing Game Developer Codemasters for $1.2 Billion USD

    1 month ago - By Hypebeast

    Electronic Arts has announced its plans to acquire British video game developer Codemasters , a racing genre expert most known for its Dirt , DiRT Rally and F1 franchises. The new deal came after EA outbid Take-Two's almost $1 billion USD offer to acquire the British company with its own $1.2 billion USD proposal, translating to an all-cash transaction of $7.98 USD per share from Codemasters. The arrangement is said to finalize during the first quarter next year, and will boost EA's performance within the racing game genre, which has significantly weakened for them in recent years as its...
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