Codmasters joins Electronic Arts; Formula One, Drat and Grid were all for EA

After much arguing and electronic competition between Arts and Tick-toe to take over Codemasters, it was finally as expected and announced some time ago , EA offered a higher bid and won the competition. Electronic Arts has now officially welcomed the arrival of Codemasters and its studios to its collection and finalized the contract to buy Codemasters.

BingMag.com Codmasters joins Electronic Arts; Formula One, Drat and Grid were all for EA

After much arguing and electronic competition between Arts and Tick-toe to take over Codemasters, it was finally as expected and announced some time ago , EA offered a higher bid and won the competition. Electronic Arts has now officially welcomed the arrival of Codemasters and its studios to its collection and finalized the contract to buy Codemasters.

Electronic Arts (EA) has finally finalized the contract to buy the British company Codemasters so that the company And its studios to be added to the Electronic Arts subset. A new press release issued by EA states that the price of the contract was 604 pence (equivalent to $ 8.37) per ordinary share of Codemasters, which brought the total value of the contract to $ 1.2 billion. p>

BingMag.com Codmasters joins Electronic Arts; Formula One, Drat and Grid were all for EA

In previous statements, the Codemasters Board of Directors and Electronic Arts Director They considered the agreement in favor of both companies and expressed satisfaction with its possible results. With this acquisition, EA aims to be unique in racing games, and on the other hand, Codmasters hopes that with the support of a major publisher like EA, it will be able to more easily produce its popular games or increase its audience despite huge ads. Of course, the same thing was said when Tikke-Tu was about to take over Codemasters. However, Codemasters chose the company because of the financial offer as well as the conditions offered by Electronic Arts. Two weeks ago, 63 of Codemasters' 76 shareholders (who owned 99% of the company) agreed to take over the company through EA. "Today marks a turning point in the history of Codemasters and this is an exciting day for our staff and players," the CEO of Codmasters said in a statement. Working with EA will give our team the opportunity to take our acclaimed collections to new heights and introduce them to more audiences around the world. "Together we can redefine the perspective of racing games and create exciting experiences for fans of these games around the world."

These days, though, Codmasters is best known for its collection of racing games. It is known as Formula 1, Grid and Dart, but this old and experienced studio was founded in 1986 by David and Richard Darling and has worked on a variety of works. It seems that Electronic Arts also intends to focus on the company's racing games, because it has been announced in the past that they intend to be the flagship of racing games around the world with this purchase and have the experience of such games in their game list annually. As a result, they are likely to ignore works such as the tactical and military shooter Operation Flashpoint, or turn it into a mobile game at best.

BingMag.com Codmasters joins Electronic Arts; Formula One, Drat and Grid were all for EA

This purchase can have different aspects like a double-edged sword. On the other hand, given the track record we have gained from Electronic Arts over the years, we can worry that the company may consider heavy in-app payments for popular Codemasters racing games, or even bother the audience by imposing small add-on packages. Also, considering the very lucrative part of "Ultimate Team", it is not unlikely that Electronic Arts will want to make the most profit from these games by applying such a part. In addition, the situation of some electronic arts studios has not been smooth in the last few years, and sometimes these studios have faced many challenges and problems, and sometimes the reasons of electronic arts management have played a significant role in this performance.

In addition to these possibilities, which may be a little pessimistic, this purchase can also have positive consequences. First, as the executives of both companies stated, this could expand Codemasters' resources in creating the game and publishing it around the world to enhance the quality of its games with EA financial support as well as the utilization of its technologies. Also, since we trust the talent and ability of Codmasters Studios to create racing games, we can be very hopeful that Electronic Arts will now deliver the popular Need For Speed game series to Codemasters and its studios for years to come. We will witness a serious revival and a powerful return of this old game series.

BingMag.com Codmasters joins Electronic Arts; Formula One, Drat and Grid were all for EA

Source: PC Gamer

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