Codemasters

Electronic Arts and Codemasters Establish a New Global Powerhouse for Racing Videogames & Entertainment

Retrieved on: 
木曜日, 2月 18, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210218005564/en/
    Electronic Arts Inc. Completes Acquisition of Codemasters Group Holdings plc (Graphic: Business Wire)
    The combination of Electronic Arts and Codemasters marks an exciting new era in racing game entertainment.
  • This is the beginning of an exciting new era for racing games and content as we bring together the talented teams at Electronic Arts and Codemasters, said Andrew Wilson, CEO of Electronic Arts.
  • Our teams will be a global powerhouse in racing entertainment, with amazing games for players on every platform, and we cant wait to get started.
  • UBS Investment Bank is acting as financial adviser to Electronic Arts and Skadden, Arps, Slate, Meagher & Flom (UK) LLP is acting as legal adviser to Electronic Arts.

Take-Two Interactive Software, Inc. Announces Lapse of Offer to Acquire Codemasters Group Holdings PLC

Retrieved on: 
水曜日, 1月 13, 2021

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that following the December 14, 2020 announcement by the Board of Codemasters that it had withdrawn its recommendation of the Company's offer to acquire Codemasters Group Holdings PLC, Take-Two has, with the consent of the Panel, lapsed its offer.

Key Points: 
  • Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that following the December 14, 2020 announcement by the Board of Codemasters that it had withdrawn its recommendation of the Company's offer to acquire Codemasters Group Holdings PLC, Take-Two has, with the consent of the Panel, lapsed its offer.
  • Codemasters' Shareholder Meetings were not held on or before January 12, 2021 and Take-Two has not extended this date.
  • Capitalized terms used and not defined in this announcement have the meanings given to them in the Scheme Document.
  • Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher and marketer of interactive entertainment for consumers around the globe.

Take-Two Interactive Software, Inc. Provides Statement Regarding Offer for Codemasters Group Holdings plc by Codex Games Limited, an Indirect Subsidiary of Electronic Arts Inc.

Retrieved on: 
月曜日, 12月 14, 2020

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today noted the announcement by Codex Games Limited, an indirect subsidiary of Electronic Arts Inc. (Electronic Arts) of a firm intention to make an offer for Codemasters Group Holdings plc (Codemasters) at 604 pence in cash for each Codemasters share held (the Electronic Arts Offer) and the announcement by the Board of Codemasters to change its recommendation from the acquisition of Codemasters by Take-Two in favor of the Electronic Arts Offer.

Key Points: 
  • Take-Two Interactive Software, Inc. (NASDAQ:TTWO) today noted the announcement by Codex Games Limited, an indirect subsidiary of Electronic Arts Inc. (Electronic Arts) of a firm intention to make an offer for Codemasters Group Holdings plc (Codemasters) at 604 pence in cash for each Codemasters share held (the Electronic Arts Offer) and the announcement by the Board of Codemasters to change its recommendation from the acquisition of Codemasters by Take-Two in favor of the Electronic Arts Offer.
  • Take-Two is considering its position in relation to Codemasters and a further announcement will be made when appropriate.
  • Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher and marketer of interactive entertainment for consumers around the globe.
  • We develop and publish products principally through Rockstar Games, 2K, Private Division, and Social Point.

Electronic Arts Reaches Agreement for Recommended Acquisition of Codemasters Group Holdings PLC

Retrieved on: 
月曜日, 12月 14, 2020

Today, Electronic Arts Inc. (NASDAQ: EA) announced that it has reached an agreement with the Board of Codemasters for the recommended acquisition of Codemasters, the UK-based game developer and publisher.

Key Points: 
  • Today, Electronic Arts Inc. (NASDAQ: EA) announced that it has reached an agreement with the Board of Codemasters for the recommended acquisition of Codemasters, the UK-based game developer and publisher.
  • We believe there is a deeply compelling opportunity in bringing together Codemasters and Electronic Arts to create amazing and innovative new racing games for fans.
  • Electronic Arts believes the combination of EA and Codemasters will enable further growth and success for Codemasters and EAs popular and innovative racing franchises.
  • Bringing together Codemasters and Electronic Arts also delivers compelling financial benefit to the combined group.

Take-Two Interactive Software, Inc. Confirms Offer to Possibly Acquire Codemasters Group Holdings PLC

Retrieved on: 
金曜日, 11月 6, 2020

The Possible Offer remains conditional on, among other things, the completion of confirmatory due diligence and the recommendation of the Board of Codemasters.

Key Points: 
  • The Possible Offer remains conditional on, among other things, the completion of confirmatory due diligence and the recommendation of the Board of Codemasters.
  • Take-Two believes that the combination of Take-Two and Codemasters would bring together two world-class interactive entertainment portfolios, with a highly complementary fit between Take-Two's 2K publishing label and Codemasters in the racing genre.
  • While discussions are ongoing, there can be no certainty that a firm offer will be made for Codemasters by Take-Two.
  • Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, publisher and marketer of interactive entertainment for consumers around the globe.

TIGA Encourages Participation in DCMS' Partnership with the Video-games Industry, to Promote Essential Health Messaging on Coronavirus

Retrieved on: 
月曜日, 4月 6, 2020

The partnership will see 'Stay at Home, Save Lives' messaging appear in some of the world's most popular games, including games produced by Codemasters and Rebellion.

Key Points: 
  • The partnership will see 'Stay at Home, Save Lives' messaging appear in some of the world's most popular games, including games produced by Codemasters and Rebellion.
  • The video games industry has seen a surge in users since the coronavirus lockdown.
  • "Promoting key health messages through video games is an innovative and dynamic way to promote key information and health warnings to more UK households.
  • "I encourage TIGA members and video games businesses to get involved with this endeavour, to join the fight against coronavirus and to promote these key messages for their users' safety."

Codemasters® Acquires Slightly Mad Studios

Retrieved on: 
金曜日, 11月 29, 2019

LONDON, Nov. 29, 2019 /PRNewswire/ -- Codemasters today announced it has agreed to acquire racing simulation specialists, Slightly Mad Studios.

Key Points: 
  • LONDON, Nov. 29, 2019 /PRNewswire/ -- Codemasters today announced it has agreed to acquire racing simulation specialists, Slightly Mad Studios.
  • The acquisition willcement Codemasters' position as a world-leading games developer and publisher of racing videogames andexpands its portfolio to include the award-winning Project CARS,together with an unannounced Hollywoodblockbuster title.Frank Sagnier will remain CEO of Codemasters Group plc which now includes Slightly Mad Studios and Ian Bell will retain his position of Founder and CEO of Slightly Mad Studios.Codemasters now employs c.700people globally with offices includingLondon, Birmingham, Southam and Runcorn.
  • Slightly Mad Studios has also delivered high-quality racing simulations alongside its own IP including two Need for Speed titles on behalf of Electronic Arts.
  • Keep up to date with Slightly Mad Studios by visiting their website: https://www.slightlymadstudios.com

Gfinity and Codemasters Join Forces to Launch New GRID Game

Retrieved on: 
水曜日, 9月 25, 2019

The agreement to be one of Codemasters' partners for this launch comes as Gfinity is rapidly expanding its organic online community of gamers.

Key Points: 
  • The agreement to be one of Codemasters' partners for this launch comes as Gfinity is rapidly expanding its organic online community of gamers.
  • The tailored GRID content will reach and engage Gfinity's community of hard to reach young gamers, many of which are racing fans.
  • Shaun White, Head of Communications, Codemasters said: "RealSport continues to innovate and create content that appeals to both hardcore and casual racing game fans.
  • Gfinity connects directly with competitive gaming consumers through its growing community of gamers and its owned competition platform, the "Gfinity Elite Series".