Monday, November 9, 2009

It’s Official. EA Acquires Playfish for $400 Million.

Electronic Arts has acquired Facebook gamesmaker Playfish for up to $400 Million.

Playfish Ltd. is a British based developer of free to play casual social games primarily popular on the likes of Facebook and MySpace, Bebo and the iPhone, among others.

The deal will bring a smile to many a game developer who have rested their laurels on social gaming becoming a mature business. With this, we’re likely to see either IPO’s or acquisitions in the not so distant future.

Source: The Next Web RSS Feed

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