Tag Archives: EA

Riccitiello: Take Two saga was our plan all along

John Riccitiello has told an audience of investors that it was EA’s plan all along to seal its acquisiton of Take Two before the end of the year, rather than before the record-breaking release of GTA IV. Kotaku reports that Riccitiello spoke of the Take Two deal at William Blair …

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EA extends Take Two offer deadline again

Having swept past the previous deadline of June 16th , EA remains determined to push through its offer for Take Two and has extended its tender offer for all currently outstanding shares of common stock to expire at 11.59pm on July 18th. Our offer price remains unchanged at $25.74 per …

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EA/Take Two deadline passes

The deadline for EA’s tender bid for Take Two has passed without incident for the second time in a row. Analysts are now predicting that EA will have to draw a ‘new line in the sand’ when it comes to the deal – and announce a fresh deadline today. Take-Two …

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EA saga costs Take Two $5m

Take Two’s battle to wriggle out of being acquired by EA has been a costly process, according to its Q2 fiscal announcement . The official documents state that Take Two’s spendings amounted to $5.3 million in the six months to May 31st – a sum that went to "professional fees …

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IGA signs with EA

IGA Worldwide has finalised a deal to beome EA’s exclusive global in-game advertising partner for titles on PS3, following the announcement that Sony has opened up the platform to dynamic ad content. This agreement means that marketers will have the ability to promote their wares through EA’s portfolio of top-selling …

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EA buys social network site

Electronic Arts has officially acquired social network for gamers ThreeSF, as well as its Rupture service. San Francisco-based ThreeSF was founded by Shawn Fanning, best known as the creator of file-sharing service Napster. According to the LA Times, a person familiar with the deal said EA had paid approximately $30 …

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EA underestimates casual games, says PopCap

The co-founder of online casual games provider PopCap has questioned EA’s potential in the sector – telling MCV sister site CasualGaming.biz that the Redwood publisher doesn’t know how hard it’s going to be”. In an exclusive interview, Vechey likened developing a best-selling casual game to writing a great novel – …

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