Electronic Arts confirmed rumors that they have purchased PopCap. The total sum includes $650 million cash, $100 million in shares of EA common stock and $550 million in incentives tied to 2013 financial milestones.
EA and PopCap are a compelling combination, said EA CEO John Riccitiello. PopCap s great studio talent and powerful IP add to EA s momentum and accelerate our drive towards a $1 billion digital business. EA s global studio and publishing network will help PopCap rapidly expand their business to more digital devices, more countries, and more channels.
“We picked EA because they have recast their culture around making great digital games,” said David Roberts, CEO of PopCap. “By working with EA, we’ll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience.
