MCV/DEVELOP News, events, research and jobs from the games industry
Former EA LA man and exec most recently in charge of EA Blueprint leaves for own venture
Read More »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 …
Read More »Take Two: EA offer still under value
Take Two has responded to EA’s latest bid extension by re-affirming its belief that the deal still significantly undervalues Take-Two” and that the proposal is contrary to the best interests of Take-Two stockholders.” In a response issued just minutes after EA extended its offer deadline to July 18th, chairman of …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »PS3 Command & Conquer on hold
Electronic Arts has confirmed that it has halted development of the PS3 version of Command & Conquer 3. The title, which has just been voted Gamespot’s ‘one to watch’ at E3 this year, will now exclusively be released on PC and Xbox 360 in the autumn. An EA spokesperson told …
Read More »Crytek and EA ink another Crysis deal
European studio network's Budapest team to make Crysis Warhead for PC
Read More »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 …
Read More »EA confirms acquisition of social network start-up
ThreeSF to join the Electronic Arts stable - system presumably used for online games
Read More »