Electronic Arts has announced "an agreement with Elevation Partners to acquire VG Holding Corp. -- the owner of both BioWare Corp. and Pandemic Studios." Essentailly, EA now owns Bioware and Pandemic. The deal cost EA "up to $620 million in cash" paid to the "stockholders of VG," as well as an "additional $155 million in equity to certain employees" of the corporation.EA's Chief Executive Officer John Riccitiello seemed suitably pleased with the acquisition, as he expressed his confidence in the companies' assured contributions to EA's dominance in the industry: These are two of the most respected studios in the industry and I’m glad to be working with them again. They’ll make a strong contribution to our strategic growth initiatives on quality, online gaming and developing new intellectual properties. We also expect this will drive long-term value for our shareholders. Bioware CEO Ray Muzyka expressed his own satisfaction with the deal, stating with confidence that "this vision is consistent with BioWare’s focus on crafting the highest quality story-driven games in the world" and that the decision "will enable us to further the careers of the passionate, creative and hard working teams at BioWare Edmonton and BioWare Austin."
What about Mass Effect though? Remember this game is supposed to be the 1st in a trilogy. I wonder how this'deal' will affect that?
KOTOR 3 , NWN 3 anyone?
Quote from: Arcman on October 12, 2007, 09:55:25 AMWhat about Mass Effect though? Remember this game is supposed to be the 1st in a trilogy. I wonder how this'deal' will affect that?Mass Effect 2, only for...XBox 360, PS3, Wii, DS, PSP, PS2, N-gage, Mobile Phone, PC, N64 and Sega Genesis. Coming soon!<-- See avatar