Friday, June 24, 2011

News: Report: EA buying PopCap for $1 billion

Prominent US tech site makes claim.

Electronic Arts is rummaging around down the back of the couch in search of a spare $1 billion to purchase PopCap, according to a report on a US tech news site.

Palo Alto worshippers TechCrunch report that "multiple sources" are pointing to an acquisition and that the wheels are in motion already.

PopCap is a private company and doesn't release sales figures, but Forbes reported recently that it generated $100m in revenue in 2010.

Read more...

Source: http://www.eurogamer.net/articles/2011-06-23-report-ea-buying-popcap-for-USD1-billion

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