July 12, 2011
EA Acquires PopCap for $750 Million
EA is buying PopCap games for $750 million dollars. The publishing giant is yet again purchasing another company to add to it’s lineup of developers. PopCap games is the developer of massively popular games like Plants vs Zombies and Peggle.
“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.”
There have been rumors circling for a few weeks now that PopCap was going to be purchased it just hasn’t been confirmed until today.