Electronic Arts has outbid Take-Two Interactive's previous $980 million offer, acquiring veteran game developer Codemasters for a whopping $1.2 billion. This deal significantly expands EA's racing portfolio, bringing DiRT, GRID, Project Cars, and F1 alongside Need for Speed.
⤢ ВІДКРИТИThe acquisition is set to officially close in the first quarter of next year. The merger won't shake up current leadership, as Codemasters' top executives will retain their roles and join EA.
As a reminder, Codemasters is a British game developer and publisher famous for its detailed racing simulators. Its current IP portfolio includes Dirt, F1, Grid, OnRush, the FIA World Rally Championship (WRC), Project Cars, and Fast & Furious Crossroads.
