Compete with Take Two, EA Buys Codemasters Group for 17 Trillion
GridGames.ID – Unexpected news came from one of the big companies in the gaming industry, Electronic Arts.
Reported from venturebeat, Electronic Arts (EA) has beaten rival Take-Two Interactive to buy Dirt 5 publisher Codemasters Group.
Unmitigated, the acquisition deal is worth US$ 1.2 billion (equivalent to Rp. 17 trillion), gosh!
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Codemasters
Codemasters Group
The acquisition of a game industry company is indeed common nowadays.
In the first nine months of 2021, this kind of deal was worth more than $20 billion.
Back in November, Take-Two announced that it had bid US$973 million to buy Codemasters.
Before finishing with the deal, the developer, publisher Codemasters, based in the United Kingdom, was even tempted to sell it to EA.
Under the agreement, EA will pay US$7.98 per share for each Codemasters share.
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