Chalk this up as a rumor that turned out to be true. Electronic Arts has acquired PopCap Games for $650 million in cash plus $100 million in stock.
This is less than the $1 billion that was initially reported, but there is an earn-out.
According to TechCrunch, the earn-out scale is rather huge. If PopCap earnings are $91 million or less within a 2 year period, PopCap does not make anymore money. If earnings end up being $343 million or more, PopCap makes an additional $500 million, making the total acquisition price $1.3 billion! Read more »