Respawn Entertainment acquired by EA in $400 million deal

12 November, 2017, 01:55 | Author: Lorena Waters
  • EA buys Titanfall dev Respawn Entertainment for as much as $455M

Electronic Arts is set to add another studio to its stable, with Titanfall developer Respawn Entertainment joining its ranks. Nevertheless, the deal will see EA pay over USD$300 million in cash and shares, and up to an additional $140 million in performance bonuses.

"We started Respawn with the goal to create a studio with some of the best talent in the industry, and to be a top developer of innovative games", said Vince Zampella, CEO of Respawn Entertainment in a press release.

While some details of the acquisition are still unclear, it does make reference to Titanfall 3 - a game which hasn't been announced yet.

EA weren't the only publisher interested in Respawn: South Korean publisher Nexon, who published Lawbreakers earlier in the year and the Titanfall mobile game, were frontrunners before being matched by EA, who had a 30-day window to submit a bid. Respawn has a good pedigree too, it was founded by Call Of Duty veterans Jason West and Vince Zampella.

HBO GO/NOW getting all eight Harry Potter movies in 2018
HBO announced Thursday that it will be the only place to stream all eight Harry Potter movies starting January 1, 2018. Details on the game are pretty scarce, so it's not clear what the game will involve or what its mechanics will be.

Do you think Respawn and their image of the franchise will change much, now that they're in the EA family? "We felt that now was the time to join an industry leader that brings the resources and support we need for long-term success, while still keeping our culture and creative freedom". EA has been a great partner over the years with Titanfall and Titanfall 2, and we're excited to combine our strengths.

The news by itself may seem odd, considering that EA shut down one of its other wholly owned studios, Visceral Games, only three weeks ago. "While it wasn't necessary, going with EA made a lot of sense", he wrote.

In a blog post published to the Respawn website, Zampella stated that he plans to continue running Respawn in addition to his new work as a member of EA's studio leadership team. EA recently shuttered Dead Space developer Visceral Games (formerly known as EA Redwood Shores) and is now in the process of reworking the game from being an action-adventure single-player title to something akin to DICE's Battlefront series, with a potential multiplayer component and microtransactions to profit from.

Recommended:

  • Rapper Nicki Minaj's brother CONVICTED of sexually assaulting child stepdaughter

    Rapper Nicki Minaj's brother CONVICTED of sexually assaulting child stepdaughter

    Maraj maintains the rape accusations were invented by the victim's mother in an attempt to go after Nicki Minaj's family fortune. But she said once it did, Maraj told her she "wanted it to happen", and slapped her in the face if she refused his advances.
    Google Pixel 2 XL's microphone not working? Try CPR!

    Google Pixel 2 XL's microphone not working? Try CPR!

    It seems that Google latest flagships, the Pixel 2 and Pixel 2 XL are turning to be one of the buggiest ones. However, the fix is not a permanent one and users might have to replace their devices.
    My son is addicted to football as much as me — Cristiano Ronaldo

    My son is addicted to football as much as me — Cristiano Ronaldo

    Cristiano Ronaldo was angry with Isco after Real Madrid's victory over Las Palmas on Sunday, according to reports in Spain. Even in the La Liga game Ronaldo did score in, at Getafe, the Portuguese superstar missed an absolute sitter as well.
  • Broadband and landline complainants to get automatic compensation

    Broadband and landline complainants to get automatic compensation

    Real Business also reached out to all of the broadband providers which have signed up to the new voluntary policy. Oxfam said it was also working to lower charges and fine more telecoms for poor behaviour.
    NVIDIA Corporation (NASDAQ:NVDA) Overvalued by -21.5%

    NVIDIA Corporation (NASDAQ:NVDA) Overvalued by -21.5%

    Janney Montgomery Scott Limited Liability Company owns 0.05% invested in NVIDIA Corporation (NASDAQ: NVDA ) for 29,316 shares. This compares to the consensus estimates from Thomson Reuters that called for $0.94 in EPS and $2.36 billion in revenue.
    Mueller Probe Looks at Flynn, Rohrabacher Meeting

    Mueller Probe Looks at Flynn, Rohrabacher Meeting

    On November 8, Flynn published an op-ed piece in The Hill that called Gulen "a shady Islamic mullah" and a "radical Islamist". The sources could not confirm whether, in the meeting, Rohrabacher and Flynn discussed US policy toward Russian Federation .
  • Packers cut ties with former Texas A&M TE Martellus Bennett

    Packers cut ties with former Texas A&M TE Martellus Bennett

    Starting tight end Martellus Bennett will be out for the game at the Chicago Bears (10 a.m. on WTMJ). They didn't give him one, and, concerned about his locker room presence, traded him a year later.
    Aircraft Carriers to Conduct Rare Exercise in Sea of Japan

    Aircraft Carriers to Conduct Rare Exercise in Sea of Japan

    Units assigned to the strike force will conduct coordinated operations in worldwide waters to demonstrate the U.S. Shin Won-sik, former head of the South Korean Joint Chiefs of Staff operational headquarters, said that the U.S.
    Google's reportedly working on its own Apple AirDrop competitor

    Google's reportedly working on its own Apple AirDrop competitor

    Users can browse through all of your phone's content by downloads, received files, images, videos, audio, and documents. To use the app, both sender and receiver need to have the app opened and use the Send and Receive file option.
  • I MARRIED MY MOM: Misty Spann, 26, pleads guilty to incest

    I MARRIED MY MOM: Misty Spann, 26, pleads guilty to incest

    Misty Spann and her mother, Patricia Ann Spann, 44, married in Lawton in March 2016 and lived together in Duncan, records show. Court records show the marriage was annulled last month at the request of Misty Spann on the grounds of fraud and illegality.
    Hulu App Released for Nintendo Switch

    Hulu App Released for Nintendo Switch

    The video streaming app that arrives first to the Nintendo Switch is not Netflix, however, as the distinction goes to Hulu. The console is so popular that it could sell more in a year than Wii U sold in its entire lifetime.
    Taylor Swift to perform new song during ABC's 'Scandal'

    Taylor Swift to perform new song during ABC's 'Scandal'

    Once the album is sent to the streaming services and prepared for release, it can be officially posted in a matter of hours. She also shared the track list , thrilling fans with soon-to-be-heard collaborations with Ed Sheeran and Future.


Popular

US, South Korea Begin Joint Naval Exercises In The Western Pacific
Pacific Fleet has been a persistent and stabilizing presence conducting operations throughout the region. The Navy noted that for more than 70 years, the U.S.

Chinese spend billions shopping online on 'Singles Day'
With those numbers, not Black Friday, Cyber Monday or Valentine's Day, can compete with Singles' Day as of yet. Alibaba hosts a live blog with the latest updates of the 11.11 Shopping events here.

First lady Melania Trump visits the Great Wall of China without president
Mrs Trump, 47, visited the Beijing Zoo as part of a state visit with her husband, President Donald Trump. POTUS traveled to Vietnam, where he will attend meetings for the Asia-Pacific Economic Cooperation.

Russian Federation targets U.S. media in row over RT registration
RT has become a focus of the USA investigations into alleged Russian interference in the 2016 presidential election. She added: "We will continue to work and continue to fight this as long as it's possible".

JC Penney Comp Store Growth Higher Than Expected
To avoid making a mountain out of a molehill, let's see whether today changed the technical posture of JCP stock's death spiral. It has underperformed by 16.70% the S&P500.The move comes after 6 months positive chart setup for the $7.02 billion company.