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EA to acquire PopCap Games for US$ 750 million

Posted Jul 12, 2011 at 10:39PM EST by Ryan F.

Listed in: News Tags: Electronic Arts, news, PopCap Games

EA has announced that it is to acquire PopCap Games, the creators of the hit casual titles Bejeweled and Plants vs. Zombies.

pvz-02

The mega deal will cost the publisher approximately US$ 650 million in cash and US$ 100 million in shares of their common stock to be issued to certain PopCap stockholders.

“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.”

“PopCap has a proven financial trajectory with sustained revenue growth and double-digit operating margins,” said EA CFO Eric Brown. “On a non-GAAP basis, this deal is expected to be at least ten-cents accretive in fiscal year 2013.”

EA has been busy lately bringing their high-profile game franchises to the handheld market, and with the acquisition of PopCap Games, we could see the publisher dominating the casual gaming field once again.

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it's EA's natural ability. Instead of making them lots of gold ala Midas hands, they turn anything it touches into bullcrap.

I can do lots of money with 750m. I wonder how huge PopCap is. I just hope it's just around 1-5 people. hehe. They could start their own company or retire for the rest of their lives and just be a gamer and rant all over the interwebs. haha. j/k.

-5 # Dont forget..... — linksword01 2011-07-13 08:15

that EA turns anything it gets its hands on into something needing a top-end graphics card.

-5 # RE: Yep, — jjcobra 2011-07-13 16:56

Popcap employs around 400 people. They aren't nearly as small as anyone thinks that they are.

-5 # ... — papajag 2011-07-13 02:29

That's a big chunk of money for the owners of the company. I would have done the same and start a new company.

-7 # RE: EA to acquire PopCap Games for US$ 750 million — SHINOBI_3 2011-07-13 03:35

$750 million? thats to f***in much. only nintendo is worth that much

-1 # RE: RE: EA to acquire PopCap Games for US$ 750 million — jjcobra 2011-07-13 16:51

Nintendo is worth a smidgen more than 750 million.

Especially considering that their total assets from 2009 came in at just under 20 billion dollars. ($19,831,519,302.50 to be exact)

-4 # RE: RE: RE: EA to acquire PopCap Games for US$ 750 million — DeltaDAWG 2011-07-14 02:21

He must think their consoles run around $3 each! LOL

-5 # Well... — dbizal 2011-07-13 04:27

Thats the end of decent Pop Cap games then... Probably make us pay double for them and make us pay to play online...

Screw you E.A.

It is a shame.

-5 # RE: EA to acquire PopCap Games for US$ 750 million — That Sucks 2011-07-13 12:21

Another great game studio ruined.

-7 # RE: EA to acquire PopCap Games for US$ 750 million — DeltaDAWG 2011-07-13 12:43

You got the headline all wrong, here, let me fix it for you:

PopCap Games Will Soon Turn To Crap

-5 # RE: EA to acquire PopCap Games for US$ 750 million — Gmer88 2011-07-13 15:32

No no no no no!!!

-4 # RE: EA to acquire PopCap Games for US$ 750 million — apeman55 2011-07-13 17:45

expect an online pass for bejeweled..

-5 # pocrap?anyone? — pspgo 2011-07-13 23:24

i know i know

-5 # RE: EA to acquire PopCap Games for US$ 750 million — Justin Graziano 2011-07-19 20:42

Good to see them targeting these little companies that don't really matter rather then the quality ones. I'd rather see them screw up mobile games then real ones.

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EA to acquire PopCap Games for US$ 750 million

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