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gingerninjaaaaaa
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Posted: Wed, 9th Jan 2008 16:38 Post subject: EA Purchases BioWare and Pandemic Studios

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Video game maker Electronic Arts today announced it has reached a financial agreement with Elevation Partners to purchase VG Holding Corp., the firm that owns Pandemic Studios and BioWare Corp. The $860 million USD deal should help solidify EA's action and role-playing game catalog with 10 new games that are featured for three different platforms.

The game producer hopes the purchase will help the company raise its revenue potential over the next three years, with estimates of more than $300 million USD per year in 2009 and 2010.

EA CEO John Riccitiello returned to EA after serving a stint as chief executive and chairman of the board for VG Holdings, though he did not participate in the negotiations, according to an EA spokesperson.

"This deal brings incredible talent to EA," said Frank Gibeau, EA Games president. "It puts us in categories where EA historically has not had a strong competitive position."

Financial analysts expect the deal is supposed to close in January 2008. EA created more than $3.1 billion USD in revenue during the last fiscal year.

Pandemic and BioWare combined currently employ more than 800 employees in the United States, Canada and Australia.

BioWare is best known for creating the Neverwinter Nights video game series, though its science fiction game Mass Effect is expected to be a holiday hit for the Microsoft Xbox 360. Pandemic created Destroy All Humans and is currently working on Mercenaries 2.

Sorry if It's already been posted but i didn't see it so i posted it Smile

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SpykeZ

Posts: 23710

Posted: Wed, 9th Jan 2008 16:41 Post subject:	Quick Quote Quote

way ahead of ya...by 2 months lol http://www.nfohump.com/forum/viewtopic.php?t=38884

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LeoNatan
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Posted: Wed, 9th Jan 2008 16:47 Post subject:	Quick Quote Quote

I still hope Mass Effect comes to PC as a result of this. My IMDb Ratings \| Fix NFOHump Cookies \| Hide Users / Threads \| Embedded Content (Videos/GIFs/Twitter/Reddit) \| The Derps Collection Death smiles at us all; all we can do is smile back.

$n@ke

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Posted: Wed, 9th Jan 2008 16:51 Post subject:

LeoNatan wrote:

I still hope Mass Effect comes to PC as a result of this.

2nd that

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SpykeZ

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Posted: Wed, 9th Jan 2008 17:01 Post subject:

LeoNatan wrote:

I still hope Mass Effect comes to PC as a result of this.

you mean a shitty port half ass optimized with no WS support with a serial number that begins with a 1500 (all my keys began with 1500 lol)

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chiv

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Posted: Wed, 9th Jan 2008 17:01 Post subject:	Quick Quote Quote

with its success im sure EA will be able to spare the effort for a quicky bug filled port for ya, leo

LeoNatan
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Posted: Wed, 9th Jan 2008 17:15 Post subject:

SpykeZ wrote:

LeoNatan wrote:

I still hope Mass Effect comes to PC as a result of this.

you mean a shitty port half ass optimized with no WS support with a serial number that begins with a 1500 (all my keys began with 1500 lol)

Meh, I don't care Razz

All recent UE3 ports run great here, so who cares if it doesn't run well on a 7900GS ( Razz

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kerrang

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Posted: Wed, 9th Jan 2008 17:45 Post subject:	Quick Quote Quote

yap...mass effect for PC will be great..

Lutzifer
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Posted: Wed, 9th Jan 2008 17:45 Post subject:	Quick Quote Quote

it hurt back then, it still hurts now www.psygamer.net ::::

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