EA has completed their acquisition of Respawn Entertainment
EA has completed their acquisition of Respawn Entertainment
EA has paid $151 million in cash for the studio up front, with payments totalling $164 million in long-term equity over the next four years and an additional $140 million in cash is the studio meets certain performance milestones. This means that Respawn’s employees will get a certain amount of EA stock and that the studio will get $140 million in funding if the studio meets EA’s expectations.
For now, no major organisational changes are planned within Respawn, with the studio currently working on their own unnamed Star Wars game.
On November 9, 2017 we announced an agreement to acquire Respawn Entertainment, LLC, one of the leading independent game development studio and creators of AAA shooter and action games including the critically-acclaimed Titanfall™ franchise. Today, December 1, 2017, we have completed the acquisition of Respawn on the terms previously disclosed.
Since the studio made its debut with Titanfall, Respawn has been closely associated with EA, with both Titanfall and Titanfall 2 being exclusives to EA’s Origin platform. This acquisition was almost inevitable given the closeness of these two organisations, though that will not appease Respawn’s numerous fans who are concerned about the studio’s future, given the publisher’s recent closure of Visceral Games.
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