EA Has Acquired Titanfall 2 Dev Respawn Entertainment for $455 Million

EA Has Acquired Titanfall 2 Dev Respawn Entertainment for $455 Million

Respawn Entertainment's "Titanfall 2" promotional poster. "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".

EA has revealed recently that they will be acquiring developer Respawn Entertainment, who are most known for their Titanfall franchise. There's no word yet on what exactly the game will look like or when it's due, but the prospect of one of the most exciting game studios working with Star Wars is enough to get us giddy.

"Our longtime partnership is grounded in a shared desire to push the boundaries and deliver extraordinary and innovative new experiences for players around the world".

The deal will see EA pay $151 million up front, and up to $164 million in long-term stocks to Respawn employees, and dependant on certain performance milestones regarding upcoming titles in development, may pay up to an additional $140 million.

The original Titanfall released for PC, Xbox One and Xbox 360 in 2014, whereas Titanfall 2 released for PC, PlayStation 4 and Xbox One in 2016.

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The gaming studio is now working on big titles, such as a video game set in the Star Wars universe, a third sequel to "Titanfall" series, a new addition to the "Battlefront" series, and a new virtual reality game for Oculus.

According to Kotaku, rumors about the acquisition have been spreading around the Respawn staff for a few weeks before the deal was finalized. Well, EA appears to want to rectify that mistake by officially bringing Respawn under its wing.

This sounds like a good move for both companies, as EA gets another studio under their belt and Respawn Entertainment gets more funding and assets for future projects. We felt that now was the time to join an industry leader that brings the resources and support we need for long term success, while still keeping our culture and creative freedom.

The deal is said to be finalized before the year ends.