EA said in a press release that the deal is worth $US455 ($592) million, a number that includes cash, equity, and performance milestone payments.
EA Games has announced that it has acquired Respawn Entertainment.
In addition to a new Titanfall game, Respawn is working on an untitled game set in the Star Wars universe and a virtual reality first-person combat experience for Oculus. "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".
The independent developer of Titanfall and Titanfall 2 is independent no longer - EA has purchased the studio, its CEO Vince Zampella today confirmed.
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However, don't expect it to happen any time soon: "There's a few things that have got to happen first", Wilson explained. The EA CEO argued that there's a lot to consider when it comes to streaming games.
We have worked together a long time from the inception of the studio.
EA CEO Andrew Wilson said that the Titanfall franchise embodies the publisher's goal of delivering "extraordinary and innovative new experiences", and that "with the Respawn team joining EA, we have exciting plans to accomplish even more fantastic things in the future". That game and its sequel Titanfall 2 are some of the most highly-rated shooter titles in the last five years. EA Play is usually full of big announcements, so something could be out as early as Summer 2018. We don't know what to expect from the Titanfall game, though Respawn has expressed interest in continuing the series.
In a letter posted to the Respawn website, Zampella was a bit more candid about the acquisition. The first game, Titanfall, was published by EA in 2014, and received global recognition with more than 75 top awards.
Early previous year, EA announced that it had contracted Respawn to make a Star Wars action game, in addition to the Battlefront series and what was then planned as a Star Wars action-adventure from Visceral, which has since been cancelled.