Slog

News & Arts

Line Out

Music & the City
at Night

« Local Author Meets Publishing Succe… | State GOP Inadvertently Gives Money… »

Wednesday, June 22, 2011

Money / Games PopCap to Sell for One Billion Dollars?

Posted by Paul Constant on Wed, Jun 22, 2011 at 4:05 PM

PopCap is a local video game-making company. You probably know them as the makers of Plants Vs. Zombies and Bejeweled 3. The rumor is that they're selling for one billion dollars, but nobody knows exactly who they're selling to. TechCrunch says:

Popcap’s revenues are in the range of $100-150 million, we hear — and a price of over $1 billion would have put the deal at a possible 10x multiple, which may have been too rich for Zynga’s blood. So who else could it be?

We’ve heard that it might be videogaming powerhouse Electronic Arts, though the acquisition would be a very large one for the company (EA’s market cap is $7.49 billion).

Congratulations to PopCap, if this is true. I can't even hold those kind of numbers in my brain for more than a few seconds without wanting to cry.

Comments (8) RSS

Oldest First Unregistered On Registered On Add a comment

If it is to EA, somebody's gonna have to die.

Posted by TheMisanthrope on June 22, 2011 at 4:14 PM

I'm just glad its not Zynga. That company was spawned from the bowels of hell.

Posted by UNPAID COMMENTER on June 22, 2011 at 4:24 PM

really paul?

10 mil a month gross income is not that big of a company overall...

Posted by Swearengen on June 22, 2011 at 4:43 PM

There's another rumor:
Steven Spielberg and Megan Fox will will play love interests in the movie version of "Plants vs. Hitler's Stormtroopers". Doh! I said the "H" word.
Fire me from commenting privileges.

Posted by dnt trust me on June 22, 2011 at 4:55 PM

EA screws up everything.

Posted by Schweighsr on June 22, 2011 at 5:15 PM