Tuesday, April 16, 2024

EA moves closer to $ 1.2 billion purchase of Codemasters

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For a while, it looked like Take-Two Interactive would be Codemasters’ destination. Grand Theft Auto Editor make an offer nearly $ 1 billion in November, but EA launched a higher bid the following month.

In its quarterly earnings report, EA said it would be able to release new racing games each year after sealing the purchase. EA already has a few racing franchises in its portfolio, including the Need of speed and the Burnout games. Once the deal is done, it will add the likes of Dirt, Grid, Project cars and the F1 series at his stable.

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