EA buys Titanfall dev Respawn Entertainment for as much as $455M

Nov 12, 2017, 01:54
EA buys Titanfall dev Respawn Entertainment for as much as $455M

They then went on to create Respawn Entertainment together, and the series Titanfall: published by Electronic Arts (EA), it took numerous design choices of a modern Call of Duty game, and added some flair in the form of giant robots. Respawn's total compensation includes $151 million in cash, up to $164 million in stock options, and up to $140 million based on "achievement of certain performance milestones, relating to the development of future titles". The developer has already worked with EA on numerous occasions and, together with the new Titanfall game, is also now working on an unnamed third-person action adventure game set in the Star Wars universe. Given the reported commercial underperformance of Titanfall 2 a year ago, despite widespread critical success, the buyout may have been necessary to ensure the continued survival of the studio.

Respawn Entertainment was initially founded by former Infinity Ward heads Vince Zampella and Jason West in 2010. Still, Respawn are a very talented bunch of developers, and if they can push against EA' practices as much as they can, they could come out of this okay.

According to various documents, EA outbid the South Korean publisher Nexon, which publishes the Titanfall mobile game and had also made an offer to buy Respawn.

"We felt that now was the time to join an industry leader that brings the resources and support we need for long term success, while still keeping our culture and creative freedom". On the deal, he said 'While it wasn't necessary, going with EA made a lot of sense.

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

"EA will provide us with more resources, access to new technologies, and expertise in areas that Respawn values for future growth". Respawn is a bit of a titan itself in the game development arena, and here is hoping it does not fall. 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.

YOU MIGHT ALSO LIKE
  • FP1 - Mercedes make dominant start to Brazil weekend

    FP1 - Mercedes make dominant start to Brazil weekend

    Lance Stroll was 11th for Williams, ahead of Mercedes-backed GP3 champion George Russell, who received his first run out for Force India .
    DIG Hamid Shakeel martyred in Quetta blast

    DIG Hamid Shakeel martyred in Quetta blast

    The suicide bomber targeted a vehicle carrying Deputy Inspector General Hamid Shakeel, who was leaving his residence, police said. Suicide attacks have accelerated in the southwestern region of Pakistan, endangering a planned economic corridor with China.
    Taylor Swift Makes Her Own Cat Memes Counting Down 'Reputation' Release

    Taylor Swift Makes Her Own Cat Memes Counting Down 'Reputation' Release

    It is also supposed to touch on her famous feuds with stars like Kanye West, Kim Kardashian, Katy Perry and ex-love Calvin Harris. After the steady drip of four new songs, Taylor Swift season is about to intensify.
  • First look at new 'Doctor Who' star Jodie Whittaker

    First look at new 'Doctor Who' star Jodie Whittaker

    When her casting was announced in July, Whittaker said it felt "overwhelming, as a feminist" to have the role. Indeed, that long jacket is very reminiscent of the Tenth Doctor's ( #DavidTennant ) billowing coat .

    Terry Crews files police report claiming sexual assault by Hollywood honcho

    When asked why he made a decision to file the police report, Terry replies, "Because you know, people have to held accountable". In a lengthy thread, Crews, 49, claimed a high-powered honcho grabbed his crotch and afterward, "grinned like a jerk".
    Three-Carrier Strike Force Exercise to Commence in Western Pacific

    Three-Carrier Strike Force Exercise to Commence in Western Pacific

    Units assigned to the strike force will conduct coordinated operations in global waters to demonstrate the U.S. The regime added that Trump's very visit to South Korea was meant to "light the fuse for a nuclear war".
  • Driver runs down three students in France

    Driver runs down three students in France

    All three victims, who are thought to be Chinese and aged 22 and 23, have been taken to a hospital in Toulouse for treatment. French Police said a man driving a auto outside a high school rammed into three students near Toulouse in southern France.
    Disney to charge less than Netflix for its streaming service

    Disney to charge less than Netflix for its streaming service

    A standalone streaming service for ESPN, which will be known as ESPN Plus (ESPN+), is expected to launch in the spring of 2018. Which devices will support it? For an idea of what this looks like, the Disney Now app features a "Disney Junior Only" mode.
    Tech Athletics records highest ever graduation success rate

    Tech Athletics records highest ever graduation success rate

    At 88 percent, Georgia Tech's GSR surpasses the Division I average of 87 percent, which is also an all-time record. The Rutgers football program has earned a GSR score of 81 percent-or-better in each of the past nine years.
  • Alibaba Singles' Day sales race past $ 10 bn in first hour

    Alibaba Singles' Day sales race past $ 10 bn in first hour

    With more global brands participating in the holiday with deals, sales could be much higher than past year , according to Squali. It is held today, November 11 - or 11.11 - because the "1" is meant to represent an individual not in a romantic relationship.
    Bail Set for Catalan Parliament Speaker

    Bail Set for Catalan Parliament Speaker

    Spain's Supreme Court says a judge has ordered the release of Catalan parliament speaker after bail has been posted. Francisco Franco's dictatorship ended that Madrid removed powers from any of the country's 17 regions.

    Facebook pilots new revenge porn measures in Australia

    From that point, any attempts to upload or share the same image will be blocked, the Guardian reports. A Facebook spokesman told the Telegraph: This is an initial pilot in Australia.
popular