EA Now Owns Titanfall Developer Respawn -

EA Now Owns Titanfall Developer Respawn

Credit: gamespot.com

  • Dec 06 2017 06:35About: 7 days ago
  • 7 views

In November, Electronic Arts announced that it was buying Titanfall developer Respawn. At the time, the publisher said it expected the deal to close by the end of calendar 2017 or "soon thereafter," pending regulatory approves and other "closing conditions." It seems like that process went smoothly, as the deal has now been closed, ahead of schedule. A filing with the Securities & Exchange commission dated December 4 confirms that the deal was completed on December 1.

The terms are the same as were disclosed in November when EA announced its intention to purchase Respawn. This includes $151 million in cash and up to $164 million in equity through stock units for employees, vesting over four years. EA will pay up to another $140 million if Respawn can hit "certain performance milestones" for its upcoming games, through 2022.

Respawn, which was founded in 2010 by Call of Duty developers Vince Zampella and Jason West, has worked primarily with EA since its inception, though it remained independent until now.

In a letter on Respawn's website, CEO Vince Zampella discussed the decision to sell the company, noting that he will remain in charge and that no layoffs will take place. "While it wasn't necessary, going with EA made a lot of sense," he said. "With Titanfall and Star Wars, EA has been a great development partner that supports us and doesn't interfere with our process for making games or studio culture.

"EA will provide us with more resources, access to new technologies, and expertise that we can tap into to that will help us make better games, and Respawn will retain the same creative freedom and culture we've always had. We've been talking closely with the leadership at EA and we share their values and vision for the future of being a developer-focused company that puts the players first."

The studio is currently at work on a new Titanfall game (a fact that was confirmed today), a third-person Star Wars title, and a VR game. Specifics on all of these have not yet been announced. We don't know what to expect from the Titanfall game, though Respawn has expressed interest in continuing the series. As for Star Wars, we know it's being directed by God of War III director Stig Asmussen.



Follow Us on Twitter

November Electronic Arts announced that buying Titanfall developer Respawn. time publisher said expected deal close calendar 2017 soon thereafter pending regulatory approves other closing conditions. seems like process went smoothly been closed ahead schedule. filing with Securities & Exchange commission dated December confirms completed 1.The terms same were disclosed when intention purchase This includes $151 million cash $164 equity through stock units employees vesting over four years. will another $140 Respawn certain performance milestones upcoming games 2022.Respawn which founded 2010 Call Duty developers Vince Zampella Jason West worked primarily since inception though remained independent until now.In letter Respawns website discussed decision sell company noting remain charge layoffs take place. While wasnt necessary going made sense said. With Star Wars great development partner supports doesnt interfere making studio culture.EA provide more resources access technologies expertise into help make better games retain creative freedom culture weve always had. Weve talking closely leadership share their values vision future being developer-focused puts players first.The currently work game fact confirmed today) third-person title game. Specifics these have announced. dont know what expect from game expressed interest continuing series. Wars directed director Stig Asmussen.

Related stories with EA Now Owns Titanfall Developer Respawn

Game Consoles With Disc Drives Aren't Going Away Anytime Soon, EA Says -World News
Game Consoles With Disc Drives Aren't Going Away Anytime Soon, EA Says 7 days ago
Given the rapid rise in digital gaming, how much longer will video game consoles have disc drives? And how much longer will consoles even exist when streaming is sure to take over? Quite a while longer, according to Electronic Arts CFO Blake Jorgensen. Sp
Huge Update For The Division Update Out Now; See The Patch Notes Here -World News
Huge Update For The Division Update Out Now; See The Patch Notes Here 7 days ago
As part of its ongoing support for The Division, Ubisoft today launched the game's biggest free update ever, while the company also announced sales and promotions around the multiplayer shooter. Starting with the update, 1.8 AKA "Resistance" is out now on
New FNAF Game Out Now, But It's Not All It Seems -World News
New FNAF Game Out Now, But It's Not All It Seems 7 days ago
A new Five Nights at Freddy's game launched out of nowhere today--and on its face it looks basically nothing like the previous games in the horror series. Freddy Fazbear's Pizzeria Simulator is a free Steam game that has a "lighter touch for the holidays,
Tiger Woods speaks on rolling back golf balls, bifurcation for pros and amateurs -World News
Tiger Woods speaks on rolling back golf balls, bifurcation for pros and amateurs 7 days ago
There has been a lot of talk in recent weeks about the golf ball. Everybody in golf has an opinion on how far is too far when it comes to Chrome Softs and ProV1s. But maybe nobody in the sport has as big or as important of a voice as Tiger Woods. He has b
Five-year-old boy in China survives after being savaged by Tibetan mastiff -World News
Five-year-old boy in China survives after being savaged by Tibetan mastiff 7 days ago
A five-year-old boy suffered head injuries that required dozens of stitches after he was attacked by a Tibetan mastiff in southwest China, local media reported. The attack happened on Saturday when the boy was visiting family in Luojiang, Sichuan province
688 arrests made at public transport stations between January and October this year -World News
688 arrests made at public transport stations between January and October this year 7 days ago
December 06, 2017 2:00 PMSINGAPORE - Security on the public transport network will be stepped up this holiday season, as the number of arrests made at public transport stations hits a three-year-high.
WWE News: Randy Orton Takes on Sami Zayn, The Bludgeon Brothers Stay Undefeated (Videos) -World News
WWE News: Randy Orton Takes on Sami Zayn, The Bludgeon Brothers Stay Undefeated (Videos) 7 days ago
WWE released highlights of Randy Orton vs. Sami Zayn and the Bludgeon Brothers continuing their winning streak on Smackdown. The post WWE News: Randy Orton Takes on Sami Zayn, The Bludgeon Brothers Stay Undefeated (Videos) appeared first on 411MANIA.
China to create more opportunities for the world: Xi -World News
China to create more opportunities for the world: Xi 7 days ago
BEIJING — Chinese President Xi Jinping said Wednesday that the country will create more opportunities and make a great
HNA confirms interest in ASEAN's infrastructure investment -World News
HNA confirms interest in ASEAN's infrastructure investment 7 days ago
HNA Group, one of China's largest conglomerates, has confirmed its interest in investing in Thailand's grand infrastructure project b
Two Top Names Possibly Leaving Impact Wrestling While Two Other Names Will Stay, More News on Executive Changes -World News
Two Top Names Possibly Leaving Impact Wrestling While Two Other Names Will Stay, More News on Executive Changes 7 days ago
Two Top Names Possibly Leaving Impact Wrestling While Two Other Names Will Stay, More Details on Executive Changes, Future Plans!
Indias first woman Ice hockey team wins two matches in Asian cup -World News
Indias first woman Ice hockey team wins two matches in Asian cup 7 days ago
The story of Indian girls in north east India struggling to play pond hockey and goes for there first tournament and win two matches. Beat Philipines and Thailand. Indias first woman Ice hockey team wins two matches in Asian cup