. Space Industry and Business News .

EA buying PopCap Games for $750 million
by Staff Writers
New York (AFP) July 12, 2011

Electronic Arts said Tuesday it is buying PopCap Games, maker of popular titles such as Plants vs. Zombies, Bejeweled, and Zuma, for $750 million in cash and stock.

EA said in a statement it will pay $650 million in cash and $100 million in shares of EA common stock to be issued to certain stockholders of PopCap.

"PopCap's great studio talent and powerful IP add to EA's momentum and accelerate our drive towards a $1 billion digital business," EA chief executive John Riccitiello said in a statement.

"EA's global studio and publishing network will help PopCap rapidly expand their business to more digital devices, more countries, and more channels," Riccitiello said.

"PopCap has a proven financial trajectory with sustained revenue growth and double-digit operating margins," said EA chief financial officer Eric Brown said.

PopCap chief executive David Roberts said "by working with EA, we'll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience."

PopCap games are played on platforms such as Facebook, RenRen, Google, the iPhone, iPad and Android.

EA said it expects the transaction to close in August 2011.

earlier related report
Ubisoft buys free online game startup Owlient
San Francisco (AFP) July 12, 2011 - Videogame publishing titan Ubisoft announced Tuesday that it is buying a French developer specializing in games played free on the Internet.

The purchase of Owlient comes as part of a strategy by Ubisoft to follow players onto the Internet, social networks, smartphones, tablet computers and other venues while still serving up blockbuster titles for consoles.

"We are thrilled to welcome the talented team at Owlient to Ubisoft," said Ubisoft chief executive Yves Guillemot.

"Over the last five years they have developed an architecture dedicated to delivering and monetizing games as a service, as well as the skills of attracting and retaining online communities," he added.

The acquisition follows the recent launch of a free-to-play online version of Ubisoft's "Tom Clancy" military action videogames.

The list of Ubisoft games available for free play on the Internet includes "CSI Crime City" and "Heroes Kingdoms" as well as "Settlers Online," which has reportedly become a hit in Germany.

Owlient was created five years ago by Olivier Issaly and Vincent Guth, who met at an IT high school in Paris, according to the startup's website.

Owlient boasts nearly two million monthly users in an array of languages and countries.

"Joining the Ubisoft team will allow us to accelerate our international business and to expand our expertise and our games to new platforms," said Issaly, Owlient's chief executive.

"We are proud of what our team has accomplished and confident that joining Ubisoft will allow us to continue that success."

Financial terms of the deal were not disclosed and the acquisition was expected to close by the middle of next year.

Related Links
Space Technology News - Applications and Research

Get Our Free Newsletters Via Email
Buy Advertising Editorial Enquiries

Smartphone use to soar in Asia: Nielsen
San Francisco (AFP) July 12, 2011 - Smartphone use is poised to soar in Asia bringing with it a dramatic change in how people there access information on the Internet, according to industry tracker Nielsen Company.

While fewer than 20 percent of mobile phone users in the Asia Pacific have smartphones, nearly half of consumers intend to buy smartphones this year, Nielsen reported.

"Higher smartphone ownership will drastically change how mobile data is consumed," Nielsen said in an online message outlining its findings.

Data from the United States shows that smartphone users are far more likely to access the Internet or tend to their email using mobile gadgets.

Smartphone owners are also prone to downloading applications to handsets, with iPhone users reportedly averaging 48 "apps" each and owners of Android-powered handsets installing about 35 of the mini-software programs.

Some smartphone users spend about a quarter of their time on the gadgets tending to Facebook posts and pages, according to Nielsen.

The market research company also expected the tablet computer craze in the United States and Western Europe to spread into Asia.

"As the substitution effect of tablets tends to be against laptops, PCs and netbooks, many -- if not most -- tablet owners will also own a smartphone," Nielsen predicted.

"This creates an attractive niche group of 'super consumers' who can be reached through an additional high-engagement screen, but who will also have an additional need for seamless service and content mobility," it concluded.

Affordable and ample data plans from telecom service providers will be important to the adoption of smartphone lifestyles in Asia, according to Nielsen.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

1C adds Russian intrigue to action videogames
San Francisco (AFP) July 10, 2011
Videogame powerhouse 1C Company is tapping into history with action titles that show who the good guys are in a battle can depend on which army is being asked. Russian spies, prisoners, and Vietcong military advisers are among the heroes in videogames 1C will be releasing in a market accustomed to seeing conflicts through the eyes of US forces. "It is not about the good guys and the bad ... read more

Chinese man makes iPad look-a-like from scratch

EA buying PopCap Games for $750 million

World's strongest magnet unveiled

Sony backs unique games for PlayStation Network

Raytheon Wins Competitive Long Term Evolution Broadband Communications Network Contract

Battlefield Airborne Communications Node System Completes 2,000 Tactical Missions

Track24 Defence releases SCC Titan

US Army Builds and Tests Future Network During NIE Exercise

Final Soyuz launcher integration is underway for Arianespace Globalstar mission from Kazakhstan

Arianespace to launch THOR 7 satellite for Telenor

Space X Dragon Spacecraft Returns To Florida

Arianespace Launch Postponed At Least 20 Days

A new algorithm could help prevent midair collisions

AI Solutions to Assist Air Force with GPS Satellite Positioning Data and Analyzing GPS Anomalies

GPS IIIB Satellites to Add Critical New Capabilities

LOCiMOBILE GPS Tracking Apps Cross over 1 Million users in 116 countries

DLR examines the benefits of sectorless airspace

Boeing Values India Market for 1320 New Airplanes at 150 Billion Dollars

DLR Airbus A320 ATRA taxis using fuel cell-powered nose wheel for the first time

Giant Swedish space balloon fizzes out: space centre

NIST prototype optics table on a chip places microwave photon in 2 colors at once

Light propagation controlled in photonic chips marks major breakthrough in telecommunications field

Laser, electric fields combined for new 'lab-on-chip' technologies

Magnetic memory and logic could achieve ultimate energy efficiency

NASA Flies Greenhouse Gas Mission Over Nevada Salt Flat

NASA Flies Greenhouse Gas Mission Over Nevada Salt Flat

Pioneering ERS environment satellite retires

Sudanese deployments tracked from space

Mongolia herder on mission to tackle mining firms

Time to let science drive Great Lakes policy on Asian carp, experts say

Greenpeace ship Rainbow Warrior III debuts

Mass tourism threatening Venice lagoon: ecologists

Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement