Electronic Arts has announced that it is to acquire PopCap Games for $750 million, with the deal expected to close next month.
The publisher will pay approximately $650 million in cash and $100 million in shares of EA common stock to be issued to certain PopCap stockholders.
However, the buyout may ultimately cost EA $1.3 billion, as Plants Vs Zombies and Bejeweled maker PopCap can earn up to $550 million more if it meets earnings targets through December 2013.
Trip Hawkins told attendees at GamesBeat 2011 today that platform holders such as Nintendo are presiding over a "feudal dark age" in the game industry’s history.
According to Gamasutra, the Electronic Arts and Digital Chocolate founder said platform holders "lure [developers] in with false promises of freedom", but that ultimately game makers won't “own the land that they are tilling" unless they focus on an open platform such as the web browser.
Trip Hawkins told attendees at GamesBeat 2011 today that platform holders such as Nintendo are presiding over a "feudal dark age" in the game industry’s history.
According to Gamasutra, the Electronic Arts and Digital Chocolate founder said platform holders "lure [developers] in with false promises of freedom", but that ultimately game makers won't “own the land that they are tilling" unless they focus on an open platform such as the web browser.
Speaking at Microsoft's annual Worldwide Partner Conference (WPC) in LA CEO Steve Ballmer admitted that Windows Phone 7 has struggled to make an impression on smartphone consumers.
Though reticent to discuss actual figures, Ballmer claimed that Microsoft has sold millions of phones since the launch of the operating system.
Market research firm EEDAR has today suggested that publishers could benefit from following the example of Sony's Welcome Back programme, and stimulate sales of sequels by making previous games in the series available for free.
The inaugural event in the BAFTA Brits to Watch initiative met large-scale success on Saturday, with the appearance of the Duke and Duchess of Cambridge stealing worldwide attention towards its showcase of British entertainment talent.
Former Eidos executive producer Pete Hickman has joined London-based Monsters (Probably) Stole My Princess and Who's That Flying? developer Mediatonic.
Hickman is appointed head of production and brings with him 20 years of experience in production roles at publishers such as Virgin and Eidos.