Electronic Arts Inc. said Tuesday that it will buy PopCap Games for at least $750 million in a bid to snag a larger piece of the rapidly growing market for games on cell phones and social networks.
Read the full post:: EA to pay $750M for PopCap Games on Gadgets News Headlines – Yahoo! News
Electronic Arts Inc. said Tuesday that it will buy PopCap Games for at least $750 million in a bid to snag a larger piece of the rapidly growing market for games on cell phones and SAN FRANCISCO (MarketWatch) -- Electronic Arts Inc. said Tuesday afternoon that it will buy Popcap, a maker of mobile and casual video games, in a deal that could reach a total value of $1.3 plans expand PopCap’s game catalog more platforms once they complete the buyout dl. The company expects finish the dl once it has gained standard regulary approval. PopCap goes to EA for The dl is less than theorized, but very big nonetheless, with shelling out get the dl done. (This brks down as $650 million in cash and $100 million in shares of Tags: popcap, goes, 750m, fudzilla, Redwood City-based will PopCap $650 million in cash and $100 million in common shares. PopCap, which is based in Sttle, will get up $550 million more if it rches certain financial milesnes. Electronic Arts said on Tuesday that it will acquire the casual gamemaker behind Zuma Blitz and Plants vs. Zombies. will $650 million and an additional $100 million in sck for PopCap Games, which also Goldman announced the all-cash acquisition of United Capital Financial on Thursday, confirming last week’s reports of a dl that accelerates Goldman’s push diversify away from its