Electronic Arts today announced the acquisition of Digital Illusions CE (DICE), the Stockholm, Sweden-based creator and developer of the Battlefield video-game franchise. As a fully integrated EA studio, DICE will be dedicated to growing the Battlefield series and developing new products for PC, next generation consoles and other new platforms.
DICE CEO Patrick Soderlund will become an EA Studio general manager, maintaining responsibility for the DICE facility and taking on additional creative responsibilities. The DICE leadership team will continue to operate as usual in Stockholm.
Effective immediately, the acquisition gives EA control of all assets and liabilities of DICE. DICE shareholders, representing approximately 2.6 million shares, will receive SEK 67.50 per share in cash, to be paid out on Oct. 16, 2006.
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