Codemasters will continue to work under Electronic Arts (EA) from now on.
Codemasters is now part of Electronic Arts. It should also be underlined that the deal was realized for a very high amount of $ 1.2 billion.
“We believe this association will provide an exciting and prosperous future for Codemasters, and we believe it will allow our teams to create and launch bigger and better games and serve an extremely passionate audience,” said Gerhard Florin, President of Codemasters.
“Our industry is growing, the racing category is growing, and together we will be positioned to lead a new era of racing entertainment,” said Andrew Wilson, EA CEO. We have admired Codemasters’ creative talent and high quality games for years. By taking full advantage of EA’s technology, platform expertise and global reach, this combination will allow us to grow our existing brands and offer a more industry-defining racing experience to a global fan base. ” He recorded his words.
EA’s current racing portfolio includes Need for Speed and Burnout, while they are in the open world arcade genre. Codemasters has simulation-focused games such as DiRT, DiRT Rally, F1, Grid and Project CARS.
Completion of the agreement is expected to reach the first quarter of 2021.