EA Buys Pop Cap

Overslop · 13 Jul 2011 at 08:31

Dumps link and runs...

http://www.telegraph.co.uk/finance/...lectronic-Arts-buys-PopCap-in-1.3bn-deal.html

SeraphX · 13 Jul 2011 at 08:33

oh deary me

i used to like chuzzle, bejeweled etc etc

Gimpymoo · 13 Jul 2011 at 08:33

Was this not rumoured a few weeks ago but dismissed?

LOL

WOW

Mp4 · 13 Jul 2011 at 08:34

PoP Dead Cap from now on

billyboyd · 13 Jul 2011 at 08:35

The Queen song "Another One Bites the Dust" springs to mind.

Gimpymoo · 13 Jul 2011 at 08:38

Long live Pop Cap.. Sorry, Pop cr..

gropingmantis · 13 Jul 2011 at 08:44

Well atleast Pop Cap had a good run...

Gackt · 13 Jul 2011 at 09:19

Damn.

BombayMix · 13 Jul 2011 at 09:28

Seems a lot for a company that's not done anything of note for ages. Everyone love PvZ and Peggle but they are old games now. Is the licensing from them plus Bejeweled and Zuma that great? :confused:

Indy500 · 13 Jul 2011 at 09:59

BombayMix said:
Seems a lot for a company that's not done anything of note for ages. Everyone love PvZ and Peggle but they are old games now. Is the licensing from them plus Bejeweled and Zuma that great?

Here's your answer:

Telegraph said:
PopCap, which is based in Seattle, has been profitable for 10 years since its founding. It generated $100m in revenue in 2010. It makes easy-to-play games for platforms such as Facebook, RenRen, Google Android, Apple iPhone and iPad.

For the deal, EA received $550 million in debt commitments from Morgan Stanley, JPMorgan Chasen and UBS. It was also advised by Morgan Stanley and UBS.

So the deal only really costs them $100m of their own cash upfront (then there's $550 million from the banks and $550 million cash if performance targets are met).

Murray · 13 Jul 2011 at 10:00

Thats not good.

bhavv · 13 Jul 2011 at 10:26

Pop cap sold their souls to the EA devil

neoglow · 13 Jul 2011 at 10:33

EA suck

Tombo · 13 Jul 2011 at 10:34

Seraph said:
oh deary me

i used to like chuzzle, bejeweled etc etc

You still like them

Evilsod · 13 Jul 2011 at 10:47

Depends how EA handle it really. If they push them to release things early then its gonna go downhill fast. If they leave them to there own devices and simply take the profit then there isn't a lot of difference.

ic1male · 13 Jul 2011 at 11:05

LOL, Bejeweled 56 will be out by 2014 now.

BombayMix · 13 Jul 2011 at 12:58

Evilsod said:
Depends how EA handle it really. If they push them to release things early then its gonna go downhill fast. If they leave them to there own devices and simply take the profit then there isn't a lot of difference.

Hopefully we'll get a PvZ2!!

ic1male · 13 Jul 2011 at 12:59

BombayMix said:
Hopefully we'll get a PvZ2!!

Featuring a Commander Shepard zombie if you pay £1.29 for it as DLC!

Gimpymoo · 13 Jul 2011 at 13:02

ic1male said:
Featuring a Commander Shepard zombie if you pay £1.29 for it as DLC!

£1.59 for the "deluxe" Shepard.

PvZ 2012 announced shortly.

gronf · 13 Jul 2011 at 13:12

Man, I'd love a PvZ 2!

But this.. eh, we'll see.