London float mulled for RuneScape developer telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.
Barbarians at the gates of Britain s games makers
Runescape maker Jagex has been snapped up by US fund giant Carlyle Group. What other M&A is on the horizon for Britain s games makers?
31 January 2021 • 12:00pm
In the mythical world of Runescape, wizards battle with runic powers across the wilderness, knights hone their skills slaying monsters and dragons, and barbarians plot raids on cityfolk.
In the real world, a very different sort of barbarian has orchestrated its own capture of a prize asset. Carlyle Group, the $230bn (£167bn) US buyout fund, has swooped for Jagex, the Cambridge video game developer famous for its 20-year-old Runescape series, bringing to an end a difficult era of ownership under a Chinese corporate.
Electronic Arts to Buy Codemasters in $1.2 Billion Deal, Will Deliver An Industry-Defining Racing Experience
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Video games maker Electronic Arts said on Monday that it has reached an agreement to buy Codemasters in a deal worth $1.2 billion (roughly Rs 8,836 crores), trumping an earlier agreement between the British company and rival Take-Two Interactive Software. Shares in London-listed Codemasters surged 18.7 percent to 637.84 pence by 08:45 GMT – above the 604 pence per share offered to the company’s shareholders by EA.
UK-based Codemasters, known for its Formula One games for Playstation 4, said it considered the new offer to be superior to Take-Two’s cash-and-stock buyout offer of 485 pence per share. Take-Two said it was considering its position. California-based EA, as well as rivals Activision Blizzard Inc and Take-Two, have benefited from a surge in videogame sales in the United States fueled by the trend of people spending more time indoors due to the
Electronic Arts outbids Take-Two with US$1.2 billion deal for Codemasters Toggle share menu
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Electronic Arts outbids Take-Two with US$1.2 billion deal for Codemasters Video games maker Electronic Arts said on Monday it had reached an agreement to buy Codemasters in a deal worth US$1.2 billion, trumping an earlier agreement between the British company and rival Take-Two Interactive Software.
An Electronic Arts office is shown in Los Angeles, California, U.S., July 27, 2020. REUTERS/Mike Blake
14 Dec 2020 05:10PM Share this content
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REUTERS: Video games maker Electronic Arts said on Monday it had reached an agreement to buy Codemasters in a deal worth US$1.2 billion, trumping an earlier agreement between the British company and rival Take-Two Interactive Software.
Electronic Arts to buy Codemasters for $1 2 billion rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.