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Electronic Arts Eats Up Yet Another Promising Developer

November 15th, 2004 (4:18pm) - Today, Electronic Arts announced an offer to Swedish game developer Digital Illusions CE (DICE) for all of the company’s outstanding shares, which Electronic Arts currently owns 19 percent of.

DICE’s board of directors has unanimously agreed that the company should accept EA’s offer in order to accelarate the company’s transition to next-gen console development in 2006-2007.

"The game industry is entering a very challenging period of technology transition,"said DICE chairman Torsten Larsson. "Making DICE a full partner with EA will strengthen DICE’s ability to navigate the transition to the next generation of technology."

DICE is known for their Battlefied series and the highly acclaimed RalliSport Challenge series for the Xbox.

Reported by Elias Dounis on November 15th, 2004 (4:18pm) [From: EA]

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