buyout

EA Buys Codemasters For $1.2 Billion

December 14, 2020

Alex Bean F1 2013, F1 2014, F1 2015, F1 2016, F1 2018, F1 2018, F1 2019, F1 2020, Need For Speed, Need For Speed Heat, Need For Speed Payback, Need for Speed: Hot Pursuit Remastered, News $1.2 billion, 2020, buyout, Codemasters, EA, electronic arts, news 0

California-based Electronic Arts [EA] has purchased UK-based Codemasters for a reported $1.2 billion. Codemasters originally had a deal with Take-Two Interactive Software but EA emerged with a higher offer, which Codemasters accepted. EA owns the “Need for Speed” franchise while Codemasters is known for their Formula One games for Sony’s Playstation consoles.