EA inks deal for racing game publisher Codemasters
December 14, 2020
Electronic Arts has agreed to buy UK-based videogame publisher Codemasters in a deal valuing it at around $1.2 billion. EA's 604 pence per share bid represents a 14.4% premium on an earlier offer from Take-Two Interactive Software last month, which the Codemasters board initially accepted but has since withdrawn its recommendation. Codemasters develops racing games for various platforms, including Formula One's officially licensed F1 series of games.