EA has blown the gaming world away to day with its surprise announcement that is has made the first move to outright purchase Respawn Entertainment for a whopping $455M. The deal is expected to be completed before the end of the year.
EA loses Visceral, gains Respawn
While EA has been a longtime partner with Respawn and has worked with it to publish the Titanfall franchise, today’s announcement came as a surprise.
The buy-out is a lucrative one as Respawn has a number of projects in the works including a new Star Wars game as well as a new Titanfall and a VR game.
In an interview with Gamesbeat, Respawn CEO Vince Zameplla said, “We have worked together a long time from the inception of the studio. The acquisition has come up from time to time. The question was, where we are in the industry, how do we take the next step in making bigger, better games. We see the need for bigger resources to make bigger games.”
