The giant publisher EA is reportedly acquiring the developers of Titanfall, Respawn Entertainment. The CEO of the latter, Vince Zampella, confirmed the news in an interview with VentureBeat this afternoon. The acquisition is reported to be evaluated at $315 million in cash and stock, plus a possible bonus of $140 million. Yes, that's a lot of money for a developing studio that has been independent so far but understandable following the company's critically acclaimed titles.
"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, in a statement. “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. 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."
The deal is expected to close by the end of the year.