It's Official: EA Buys PopCap Games
EA bought PopCap Games for $650 million plus $100 million in stock and a multi-year earn-out. The total price for PopCap Games is estimated to be in excess of $1 billion. PopCap Games has brought us the likes of Plants vs. Zombies and Bejeweled.
John Riccitiello, CEO of EA, satated: "PopCaps great studio talent and powerful IP add to EAs momentum and accelerate our drive towards a $1 billion digital business. EAs global studio and publishing network will help PopCap rapidly expand their business to more digital devices, more countries, and more channels."Source: TechCrunch