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EA Acquired Codemasters For $1.2B

The company will remain independent. 

EA announced they acquired Codemasters for $1.2 billion. The company states that the team will act as an "independent group", making their own games. EA wants Codemasters' franchises including Formula 1, Dirt, and Project CARS to team up with EA's existing racing games.

"We will be treating the Codemasters’ studios as an independent group for the foreseeable future, giving them all the support they need to deliver their much-loved games and exploring all opportunities for growth as we go," Matt Bilbey, EA executive vice president of strategic growth, told IGN. "We’re incredibly excited about what the future holds for them and while they will remain independent, we will be there to pour fuel on their growth capabilities through the power of EA’s distribution."

Bilbey added that the acquisition will allow EA "to deliver racing experiences to fans on a more regular basis". What do you think about the announcement? Let us know in the comments. 

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