Wednesday, July 27, 2011

EA buys PopCap for $750 million



Electronic Arts announced yesterday that it has acquired PopCap Games in a deal worth $750 million.
PopCap created games such as Zuma Blitz, Plants vs Zombies and the Bejeweled series.
Bejeweled alone has sold over 50 million units.
EA will pay $650 million to PopCap plus $100 million for stock.
“We picked EA because they have recast their culture around making great digital games” said David Roberts, CEO of PopCap, in a statement.

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