EA has announced that two leaders of Codemasters studio, CEO Frank Sagnier and CFO Rashid Varachia, have stepped down from their roles.
EA has completed the $1.2 billion acquisition of the UK-based racing developer Codemasters.
Following a vote from Codemasters’ shareholders, Electronic Arts is now one step closer to owning the racing genre giant.
Publisher EA (Electronic Arts) has agreed to a deal that will see them acquire developer Codemasters for $1.2 billion.
Slightly Mad Studios, developers of Project CARS, have been acquired by Codemasters for an upfront fee of $30 million.
The racing game specialist Codemasters has pushed through its difficulties and is set to ‘scale its business’ after the news broke that the firm will be picking up staff from the now defunct Evolution Studios.
A new partnership has been formed between developer Codemasters and digital media publisher Koch Media.