EA Completes DICE Acquisition

Next Generation have reported that Electronic Arts has completed its long-desired acquisition of Swedish developer Digital Illusions CE (DICE), best known for the Battlefield series. EA will acquire the remaining outstanding shares of DICE, effectively making DICE a fully integrated studio within EA. The publisher has worked with DICE for over three years, but moved in on the company last November; by January it had secured a majority share-holding and had announced its desire to keep buying shares.

DICE shareholders will receive SEK 67.50 ($8.77) per share in cash, representing a premium of 30% to DICE’s closing price on March 16. EA owns approximately 74 percent of the outstanding capital and votes in DICE.