Electronic Arts buys Respawn for more than $400 million, new Titanfall in the works
http://www.pcgamer.com/electronic-arts-buys-respawn-for-more-than-400-million-new-titanfall-in-the-works/
Titanfall developer Respawn Entertainment is now an EA studio: Electronic Arts announced today that it has reached an agreement to acquire the company for $315 million, plus "additional variable cash consideration that is contingent upon achievement of certain performance milestones, relating to the development of future titles, through the end of calendar 2022," that could add up to another $140 million.
"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," EA CEO Andrew Wilson said in a statement. "Together, we’ve brought this to life in the Titanfall franchise, and now with the Respawn team joining EA, we have exciting plans to accomplish even more amazing things in the future."