EA Buys BioWare and Pandemic
Bad day for gamers. Prepare for Mass Effect, the 33rd sequel.
REDWOOD CITY, Calif. - Electronic Arts Inc., the video game developer known for titles such as "Madden NFL" and "The Sims," said Thursday it will pay up to $775 million in cash and stock to acquire two software studios from Elevation Partners.
The studios, BioWare Corp. and Pandemic Studios, have a total of 10 games under development. Elevation owns their parent, VG Holding Corp.