Now, with the layoffs at Codemasters, EA may be looking to cut back on its investments in the racing genre. Back in 2021, EA acquired Codemasters, outbidding Take-Two Interactive for $1.2 billion.

These cuts follow the releases of both EA Sports WRC and F1 23 by the studio, which was bought by EA back in 2021 for a tidy $1.2 billion. As of writing it’s unclear how many staff at codies ...

EA initially purchased Codemasters for $1.2 billion in early 2021, earning the publisher the rights to F1 and FIA World Rally Championship licenses, along with owned IP such as Grid, Dirt, and ...

Codemasters had originally agreed to be bought by Take-Two but its board has now ditched that recommendation in favor of the richer offer from EA. The EA deal is expected to close in the first ...

EA bought Codemasters, who are behind the racers Dirt and F1, in 2021 for a whopping $1.2 billion. These firings are just the latest bit of bad news for the games industry.

Codemasters, the company behind games like F1 23 and EA Sports WRC, has laid developers off. Parent company Electronic Arts confirmed the layoffs but didn't specify how many employees were impacted.

EA purchased Codemasters in 2021 for $1.2 billion, when it beat out an offer from Take-Two. The publisher purchased the company specifically for its strength in producing racing games.

EA is also a large publisher on mobile platforms, a highly competitive space. We expect the company to continue using its stable of franchises and licenses to create new games, particularly in the ...

EA acquired Codemasters for $1.2 billion in 2021, with hopes to "revolutionise" racing games by adding F1, Project CARS, GRID, Dirt, and WRC to its portfolio of racing titles which already ...

That same year, Codemasters acquired the exclusive rights to develop FIA World Rally Championship videogames, but then in 2021, Electronic Arts acquired Codemasters. EA said ahead of the ...

EA Sports and Codemasters Reveal New WRC Game, Hits Shelves This November Published: 6 Sep 2023, 16:00 UTC • By: Benny Kirk 12 photos ...

Take-Two had originally offered Codemasters $994 million in November before EA made its counter-offer. EA's deal is expected to be completed by the end of the first quarter of 2021. In a statement ...