Electronic Arts: Acquisition of Codemasters Officially Confirmed

F1 2020 gameplay
Do you play any racing games? Chances are good that it belongs to EA. (Credit: Codemasters)

After it was reported at the end of 2020 that EA would take over the legendary developer and publisher Codemasters, this has been officially confirmed now. See everything about EA's acquisition of Codemasters here.

Codemasters will officially become a part of Electronic Arts. The publisher of well-known racing game series like Need for Speed or Burnout has officially confirmed the takeover worth 1.2 billion US dollars. Late last year, it was already reported that EA was looking to buy out the legendary publisher, outbidding an initial offer from Take-Two. The GTA publishers offered $994 million, just under 840 million euros, and the deal was practically done. But then EA intervened and secured the takeover of Codemasters for the equivalent of about 1 billion euros.

EA now officially confirmed the acquisition of Codemasters. Codemasters are known for their racing games, so with this deal, EA secures a huge share of the racing games market. Besides Need for Speed and Burnout, they now own the rights to series like Dirt, Dirt Rally, Formula 1, GRID, and Project Cars. So if you're playing a racing game now, there's a good chance it's from EA.

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Original article by EarlyGame's Faris Delalic.