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Electronic Arts Completes Acquisition of Codemasters

18 February 2021
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Electronic Arts Completes Acquisition of Codemasters

Electronic Arts today announced the completion of its acquisition of Codemasters for 604 pence (approximately US$8.37) in cash for each ordinary share of Codemasters with an implied enterprise value of US$1.2 billion. The combination of Electronic Arts and Codemasters marks an exciting new era in racing game entertainment. Bringing together two of the most passionate,…

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Take-Two No Longer Trying to Acquire Codemasters

15 January 2021
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Take-Two Interactive has announced that the time has officially lapsed on its bid for UK studio Codemasters and as such is no longer pursuing its plan of action to purchase the developer. Take-Two – who already owns major developers Rockstar and 2K Games – put in a purchase offer for racing game specialist Codemasters back…

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Electronic Arts to Acquire Codemasters, Outbidding Take-Two Interactive

17 December 2020
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Electronic Arts has reached an agreement to acquire Codemasters, outbidding the offer Codemasters initially agreed to in November with Take-Two Interactive, the company announced. Electronic Arts will acquire Codemasters for US$1.2 billion, with the acquisition expected to be completed in the first quarter of 2021. “Electronic Arts and Codemasters have a shared ambition to lead…

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It’s Official: Take-Two Will Acquire Codemasters

10 November 2020
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Take-Two Interactive Software today announced that it has reached an agreement with the Board of Codemasters for the recommended acquisition of Codemasters, the UK-based game publisher and developer. In the transaction, Codemasters’ shareholders will be entitled to receive 120 pence (approximately $1.58) in cash and 0.02834 shares of Take-Two common stock for each ordinary share…

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Codemasters Acquires Project Cars Developer Slightly Mad Studios

29 November 2019
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Codemasters today announced it has agreed to acquire racing simulation specialists, Slightly Mad Studios. The agreement cements Codemasters’ position as a world-leading games developer and publisher of racing videogames and expands its portfolio to include the award-winning Project CARS, together with an unannounced Hollywood blockbuster title (Rumoured to be based on the Fast & Furious…

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