EA’s $1.2 billion acquisition of Codemasters has now been completed

The deal between Codemasters and EA, which acquired the UK studio for $1.2 billion, has been formally completed.

EA is the distribution giant of FIFA, battlefield, quality effect and other well-known game IP. Now it will own a number of well-known IP under Codemasters, including F1, racing plan, grid, dust and WRC.

The acquisition has been going on for some time, and EA acquired Rockstar and 2K’s parent company, take two, later last year at a higher price than take two, after they expressed interest in acquiring the British developer.

Andrew, CEO of EA

“This is the beginning of an exciting new era for racing games because we bring together the excellent teams from EA and Codemasters,” Wilson said. “Racing fans continue to grow globally, and our IP portfolio will enable us to create innovative new experiences and bring more players into the excitement of cars and motorsport. Our team will become a global giant in the field of racing entertainment, providing excellent games for players on every platform, and we can’t wait to get started. “

Of course, despite the acquisition, Codemasters plans to remain independent and will remain autonomous in running and creating games.

The release concluded: “the acquisition of Codemasters is part of EA’s development strategy, which aims to provide better experience and top real-time services, and deliver them to more players on more platforms around the world.”