WhatsHisFace
Avenger
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http://www.reuters.com/article/innovationNews/idUSWEN162920071011
Prepare to never see a good Bioware game again.
EA to buy two game studios
SAN FRANCISCO (Reuters) - Electronic Arts Inc (ERTS.O: Quote, Profile, Research) said on Thursday it is buying two video game studios for more than $800 million in a deal that fills a weak spot on its games lineup by adding role-playing and action titles.
Under the deal, EA will acquire BioWare Corp and Pandemic Studios, privately held firms that have been partners since a 2005 deal brought them together under VG Holding Group with backing from private equity firm Elevation Partners.
EA said the deal would be dilutive to its fiscal 2008 earnings by 30 cents to 40 cents per share.
Prepare to never see a good Bioware game again.