EA Buys Bejeweled-Maker PopCap In Deal Worth Up To $1.3 Billion 104
donniebaseball23 writes "Weeks ago, rumors were that Electronic Arts had stepped up to the plate to buy mobile/casual gaming publisher PopCap, developer of titles such as Bejeweled and Plants vs Zombies. Today, EA has confirmed that it has purchased PopCap for a final sum of $650 million and $100 million in shares of EA common stock. There's also the possibility for up to $550 million in earn-outs for hitting 2013 financial milestones. That would bring the price to a whopping $1.3 billion. 'We picked EA because they have recast their culture around making great digital games,' said David Roberts, CEO of PopCap. 'By working with EA, we'll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience.'"
More broadly, EA's plan for PopCap is: "don't break it."
Don't break it? (Score:2)
After all, they're not Activision.
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I must be pretty out of it. When I first read the headline, I was wondering why EA needed to ruin The Bedazzler [wikipedia.org]. I was also trying to figure out how the company could possibly be valued for 1.3 billion dollars ("those are the finest rhinestone-encrusted surface-to-air missiles I've ever seen").
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you mean bookworm-maker popcap?
PopCap, soon to be known as PopCrap. If I know EA they'll ruin PopCap with one of their DRM schemes and cut the quality of all future releases. EA = Errant Assholes.
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Don't forget server shut downs!
http://www.ea.com/1/service-updates [ea.com]
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Buddy! Where have you been??
Look at you, asserting that your slashdot persona, Michael Kristopeit is your real name while vomiting insults and bile on all the well meaning folks of slashdot. So, feeb, prove that you are Michael Kristopeit, and that Michael Kristopeit is in fact a real person. Oh, you cant? So you're effectively just as anonymous as all the so called feebs you flame on teh internets? Makes you look kind of stupid, doesn't it? Not that you needed any help.
P.S. No, we don't want your ph
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Anyway, that fixation on identity seems like a straightforward camouflage tactics for an AI in a Turing test situation - deflect from questions about your identity - and thereby humanity - by questioning your interrog
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Good for Pop-Cap (Score:5, Insightful)
they deserve it..bad for consumers. EA will break it.
First they will restrict new games to origins.
Second they will increase fee for distribution rights
Third, they will over think it
Fifth, managers from EA will flock to be tied to this success. Once they ahe enought time in, they will flee.
That's how I'm calling it.
OTOH, I can wait for Plants V. zombie madden 2012; Plants V. zombie madden 2013; Plants V. zombie madden 2014, and so on.
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You knuckle dragging, knee jerk reactionary might want to consider taking a ready comprehension course. I'm sure there is a dummy book right up your ally.
A) EA management is horrid and has destroy many good ventures.
B) If you would stop screeching like some monkey in heat, you would realize the Plans v. Zombie Madden was a joke, you myopic little twit.
C) You might have noted I, in no way, derided sports games. I actually play a few. Except you where to busy being 'outraged' about something beyond your readi
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You might want to check a mirror. But first take a nap, because the sheer unmitigated rage emanating from you right now would probably shatter glass. The GP didn't even really say anything offensive, except tell you to grow up, which is apparently needed.
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I assume the fourth step is to learn to proofread.
Re:Good for Pop-Cap (Score:4, Interesting)
They won't necessarily break it.
Sure, they broke Bullfrog, maker of classics like Populous and Theme Park and Syndicate.
And they turned the innovative Maxis into a factory for churning out neighbor-killing simulations.
And they killed Westwood, creators of the wildly successful Command & Conquer franchise.
And they wrecked multiple Ultima titles after acquiring Origin.
But Bioware's been doing okay under them, so far. So maybe there's hope?
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There is no Dragon Age 2.
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The original Dragon Age was already under EA, so you can't really blame them for problems in the second.
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Your right about Origins and they most certainly will break it. They think the future is smartphone games, they've done a dozen paid press stories about how that's the future of gaming. They are going to bet the whole company on it. Definitely a category with some potential for money but in the long run it's not going to replace PC gaming (which EA abandoned 3 years ago) but might kill consoles (doubtful), that's yet to be seen. Personally I don't think people are going to stop playing games on big screens
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And fourth is a mystery? :-)
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You forgot that they will implement some sort of game crippling DRM.
Fire all the developers. Hire 1/3 at 1/4 the cost, and make them work 3 times as hard.
Then spend everything on marketing.
LOL I was just about to make a madden joke, and just then saw you beat me too it. well played.
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sounds pretty awesome (Score:4, Interesting)
I'm a throwback to when EA was making games for me on my Apple //c. Back in the day they ruled the roost for awesome games. I don't know if they were making most of them in-house or were just buying and slapping their logo on them, but almost every one of them was a winner.
Sounds like a good idea. Hopefully they intend to apply more PopCap to EA, than EA to PopCap. Usually the other way around spells disaster. IMHO EA is on the decline because they've lost touch with their customers. PopCap on the other hand, has a firm grip on that magic in today's market. That's where EA stands to benefit the most from with this move.
Re:sounds pretty awesome (Score:4, Informative)
Back in those days, Trip Hawkins [wikipedia.org] was the CEO. He left in the early 90s, to found 3DO (which wasn't nearly as successful, to put it lightly). Unfortunately, after Trip Hawkins left, the company became quite a bit less creative, efficiently pumping out sequels to highly derivative games and buying smaller studios (and usually ruining them). I'll always remember the great EA games of the 80s fondly, but it's difficult to see how they're even remotely related to that company today. Hopefully, PopCap will fair better than Origin and Maxis, but I kind of doubt it. Actually, since I intensely dislike most social/casual games, I don't care, but it'd be nice to see someone actually flourish under the EA banner, for once. It's a shame that Trip Hawkins left the company, but it's hard to argue with their bottom line: EA is huge and highly profitable, despite their poor reputation among many gamers.
Interesting bit of trivia: Trip Hawkins was actually an early Apple employee.
great post (Score:2)
good points Elbereth.
i remember Chuck Yeagers Flight Trainer,
and Bard's Tale,
and a couple others we could never afford.
I believe Deluxe Paint was even EA, was it not?
ahhh for the good old days.
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how about Computer Gaming World? (Score:2)
Scorpia?
Sierra magazine?
King's Quest?
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Even way back in the days of Starflight (1986) EA was a terrible company. I remember an email conversation I had with on of the developers many years ago where we talked a bit about the development of Starflight. He warned about dealing with Electronic Arts and didn't have anything good to say about them.
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Off-topic, but why do you intensely dislike these games? I'll agree with you if we're talking about the bullshit that comes out of companies like Zynga, but I know hard-core multiplayer FPS, the completely opposite end of the spectrum, who fall in love with Plants vs Zombies for example.
They will break it. (Score:4, Insightful)
EA breaks everything they touch -- Westwood, Bullforg, Origin... even Maxis.
Given EA's track record, PopCap doesn't stand a chance.
Re:They will break it. (Score:4, Funny)
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origin... that was ultima wasn't it? I think they bought them out at about Ultima V? I played IV and V to death but I heard they werent any good after that?
All hail Lord British ;)
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EA bought Origin midway through development of VII.
VIII and IX were notably worse than the previous titles (a quick look at ratings online has VII at 8.8 and IX at 6.5). The series died after that. Or more accurately, was zombified, with EA closing the studio and making browser-based Ultima titles.
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Molyneux wasn't a crack businessman either.
In fact it had become awfully silent around Gariott, the Robertses, Molyneux and the rest after the 90ies.
One thing is certainly true tho. EA is incapable of producing anything original on their own. Would I have sold to them for 1.3bil? Are you kidding? That's enough money to
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Vlad III, Prince of Wallachia? (Score:3)
no no. he died in the 1400s... hrm.
well, i'm afraid to admit. you have stumped me, sir. good show! jolly good.
PopCap sells soul for $1.3B (Score:3)
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The golden-egg-laying goose is more apt-- except instead of immediately slaughtering the goose to see where the eggs come from, EA will essentially put the goose in a factory farm, where it is overfed and forced to lay eggs until it dies.
That's pretty much the story with SimCity, and no doubt many other series that EA bought hoping to cash in. By the time PopCap dies, it will release a fully-3D over-the-top Plants vs. Zombies vs. Jewels. vs. Peggle that crashes on 80% of systems.
What about Pogo? (Score:1)
Crazy Dave's Twiddydinkies (Score:2)
Does this mean the back of Crazy Dave's car [wikia.com] just became a gateway for DLC?
Ohhhh can't wait! (Score:4, Insightful)
By this time next year.... "EA announces today the release of a new Plants* vs Zombies* game"
* Plants and Zombies not included. Must purchase as a DLC.
Can anyone else say "sell out" (Score:1)
Re:Can anyone else say "sell out" (Score:4, Insightful)
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"Of course, if you're not heavily invested in your product or fan base, cashing out is easy."
Easy to say when you're not the one receiving a check worth over a Billion dollars.
AC making trollish comment, ya, I know. Shouldn't have fed him....
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Let's see. A fair chunk of cash that my family can retire and live off of for the rest of our lives or artistic integrity?
Sing it with me!
Sell out, with me oh yea, sell out, with me tonight
(Gaming) company's gonna give me lots of money
And everything's gonna be all right.
Plus, it's not like I can't go back and create something else later. Sad I can't revisit some game I wrote previously? Perhaps. That doesn't stop me from creating something new, however.
Is there a translator in the house? (Score:2)
We picked EA because they have recast their culture around making great digital games,'
'Recast their culture', hmm? What the fuck does that mean, exactly?
By working with EA, we'll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience
Ah! They're 'scaling games' now! Marvellous, whatever the hell it is.
If you want to say you're going to sell more games, say that; if you want to say you can hire more talent and make better games, say that. If it was a choice between saying you picked the buyer with the biggest offer or spewing hot air like this I'd have sooner you kept your mouth shut.
English, Mr. Roberts, do you speak it?
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Businessmen, like politicians, are like that: they can speak, speak, speak -- and say nothing.
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Bejeweled 2012: Diamond Edition! Preorder now to get your very own replica of the diamond gemstone! The game is identical to previous releases except for a Gemopedia! People that preorder will get the ability to break down the mysterious red gems in their game..people that don't will have to buy the ability for $12.99.
Features:
-Gemopedia
-Tutorial Mode
-Beautiful cutting edge 3d graphics and full motion video
Sold at all of your fine local retailers for $59.99. Available on PC, PS3, Xbox-360, Wii, 3DS....
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'Recast their culture', hmm? What the fuck does that mean, exactly?
Instead of using whips and chains on their programmers, they cast them in vats of molten lead. With a handful of jewels.
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Ah, let me get my BizTranslator(TM) up and running:
We picked EA because they have recast their culture around making great digital games,'
Translation: We picked EA because they're giving us large sacks of cash, plus hookers and blow. (Note: damn, I'm high now!!!)
By working with EA, we'll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience
Translation: By working with EA we gain large sacks of cash, plus hookers and blow. (Note: woah, I'm flying...)
social? (Score:2)
>"'By working with EA, we'll scale our games and services to deliver more social,"
EEeeew, that will ruin Pop Cap. What made its games nice were that they were NOT scaled up and NOT "social". :(
Sigh (Score:2)
I still haven't forgiven EA for the Spore DRM fiasco, so this means PopCap games (future and past) are off-limits for me now. Pity, I almost always enjoy their type of casual/puzzle games. Played the hell out of PvZ after getting it cheap during the last Steam sale, and still playing the Peggle games after several years.
Don't blame them for selling, just wish it was to a better company.
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This makes me cry (Score:1)
Goddamnit (Score:2)
EA's gonna destroy PopCap. I can just imagine it...
Plants vs. Zombies 2:
The base game only has plants. The zombies are DLC.
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Winning would then be easy! That wouldn't work to encourage DLC. What you do is only put in zombies and let the plants be DLC. Everyone now has an incentive to get the DLC.
Lets not miss the object lesson. (Score:2)
Bejeweled, this is one my mother plays. She got it for her 73 year old friend who plays it. I will have to let her know that her silly game company sold for 1.3 Billionish.
Never underestimate simple games. I can't get my dear old mom to try many games, but Bookworm hooked her in, then it was Bejeweled. Complicated games are beyond her, watching her death grip a mouse trying to steer around in a FPS makes me fret. Relax mom! But her and her friends love cheesy games. Things you don't catch a dyed in the wool
If It Can Be Broken (Score:2)
Since it's not a Madden title... (Score:2)
Well, since it's not a Madden title, EA is going to fuck PopCap up royally.
They have a long and illustrious history of tanking pretty much every acquisition that's not a sports title.
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Another one bites the dust... (Score:1)
I wonder if this will be as bad as when CA took over Cheyenne Backup, turning it into ARCserve and promptly damning it to hell.
And thus, no doubt, more jobs are lost. (Score:1)
In other news ... (Score:2)