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Formula 1 - Codemasters bought out by Electronic Arts

Formula 1 Codemasters, developers of the annual official Formula 1 games, have been bought by American software corporation Electronic Arts. Codemasters, who are the UK-based software house that are responsible for the development and publication of the annual F1 game series, have been bought out by EA Games. The purchase has been rumoured for some time, with Codemasters initially looking set to be bought out by Take Two Interactive. However, this triggered a bidding war, with EA Games finally winning with a bid of $1.2 billion dollars. “Electronic Arts and Codemasters have a shared ambition to lead the video game racing category,” commented Gerhard Florin, Chairman of Codemasters.

United statesGerhard florinAndrew wilsonElectronic artsTake two interactiveUnited kingdom basedTake twoஒன்றுபட்டது மாநிலங்களில்ஜெர்ஹார்ட் ஃப்ளோரின்ஆண்ட்ரூ வில்சன்மின்னணு கலைகள்எடுத்துக்கொள்ளுங்கள் இரண்டு ஊடாடும்ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானதுஎடுத்துக்கொள்ளுங்கள் இரண்டு

Electronic Arts Shunts Take-Two Aside With $1 2 Billion Bid for Codemasters

By Rupert Steiner Order Reprints Text size Game enthusiasts pose for photographs during the EA Play 2019 event on Jun. 8, 2019, in Los Angeles, California. Getty Images Computer games giant Electronics Arts has gate-crashed a $1 billion bid by “Grand Theft Auto” publisher Take-Two Interactive for U.K.-listed Codemasters with a $1.2 billion rival offer. European computer games maker Codemasters Group, which specializes in car racing games, has backed Electronics Arts and slammed the brakes on its recommendation for the previous Take-Two offer. The bid battle comes four months after Codemasters was tipped in Barron’s as undervalued at 341 pence (455 cents). The shares closed at 642 pence on Monday and if readers had invested they would have seen a 88% increase on their holding.

United statesAndrew wilsonLos angelesElectronic artsElectronics artsCodemasters groupGetty imagesTake two interactiveCodex gamesFormula oneRally championshipExecutive andrew wilsonRichard darlingShore capitalColumbia threadneedle investmentsஒன்றுபட்டது மாநிலங்களில்

Electronic Arts to Purchase Codemasters for Over $1 Billion

EA Has Entered the Bidding War for Ownership of the Racing Game Developer About a month ago, Take-Two announced that they were in talks to purchase Codemasters in the new year. Well, unfortunately for Take-Two Interactive, Electronic Arts has thrown their hat in the ring to win the affection (and ownership) of Codemasters–and the hat they threw in just so happens to be worth a hefty $1.2 billion USD. While Take-Two’s bid of $973 million USD was no chump change and seemed to be a done deal, EA is offering a close to a 30% increase over the original bid. Codemasters is a United Kingdom-based development studio known for their prolific work in the racing game genre, having multiple established series such as

Borderlandsand bioshockfranchisesElectronic artsBidding warRacing gameTake two interactiveUnited kingdom basedProject carsWhile take twoRockstar gamesGrand theft autoand red dead redemptionமின்னணு கலைகள்ஏலம் போர்பந்தய விளையாட்டுஎடுத்துக்கொள்ளுங்கள் இரண்டு ஊடாடும்ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானதுப்ராஜெக்ட் கார்கள்

Electronic Arts to buy Codemasters for $1 2 billion

Electronic Arts to buy Codemasters for $1 2 billion
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United statesUnited kingdomAndrew wilsonElectronic artsInteractive softwareTake two interactiveLondon listed codemastersKingdom based codemastersFormula oneActivision blizzardஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஆண்ட்ரூ வில்சன்மின்னணு கலைகள்ஊடாடும் மென்பொருள்எடுத்துக்கொள்ளுங்கள் இரண்டு ஊடாடும்

EA reaches acquisition agreement with Codemasters worth $1 2 billion

EA reaches acquisition agreement with Codemasters worth $1 2 billion
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United kingdomGerhard florinRashid varachiaFrank sagnierAndrew wilsonElectronic artsTake two interactiveஒன்றுபட்டது கிஂக்டம்ஜெர்ஹார்ட் ஃப்ளோரின்ஆண்ட்ரூ வில்சன்மின்னணு கலைகள்எடுத்துக்கொள்ளுங்கள் இரண்டு ஊடாடும்