Published: Sun, November 12, 2017
Sci-tech | By Jackie Newman

EA Acquirers Titanfall studio Respawn Entertainment

EA Acquirers Titanfall studio Respawn Entertainment

EA has recently revealed that it will be buying Titanfall developers Respawn Entertainment in a deal potentially reaching hundreds of millions of dollars.

According to a press release, EA will pay $151 million in cash and another $164 million in "long-term equity in the form of restricted stock units to employees". "We've seen firsthand the world-class caliber of Respawn as a development studio with incredible vision, deep talent and an inspiring creative mindset", said Andrew Wilson, CEO of Electronic Arts.

As part of the announcement, EA confirmed that the three previously-announced projects are still in the works at Respawn, which are a third-person Star Wars game being overseen by God of War III director Stig Asmussen, a new entry in the Titanfall series, and an Oculus Rift-exclusive VR game now scheduled for release in 2019.

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.

"Our longtime partnership is grounded in a shared desire to push the boundaries and deliver extraordinary and innovative new experiences for players around the world".

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Respawn was created with help from EA when the developer's founders Vince Zampella and Jason West were fired from Activision.

Along with the announcement, it was further revealed that the developer is now working on a new Titanfall game.

"EA will provide us with more resources, access to new technologies, and expertise in areas that Respawn values for future growth". EA has been a great partner over the years with Titanfall and Titanfall 2, and we're excited to combine our strengths. "All games now in development are continuing as planned". Respawn announced its work on an additional, unnamed VR game at Oculus Connect 4 last month; the EA statement says that project will continue apace, as well. No layoffs or major organizational changes are planned at Respawn as part of the acquisition.

The acquisition of Respawn could set EA back in excess of $400 million.

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