Digital Illusions Sells to EA
A story we have reported on frequently in the last few months comes to an end as Digital Illusions accepts EA's bid for buyout. From the article at GameGossip: "Corresponding to 32.0% of outstanding capital and votes, in addition to a further acquisition of 898,264 shares and the 18.9% already held by the company, Electronic Arts now holds a total of 6,044,720 shares, a controlling interest representing 59.8% of the outstanding capital and votes in DICE."
Im so tired of EA. They may release 1 out of every 3 or 4 games in total, but its just plain sickening. I would rather have a fewer number of good games rather than a higher number of not so good games. By them buying up all the other game dev shops around, it is pretty much going to ensure that the indie developer and the small developer either get bought up and eaten by gamezilla, or are not able to compete even with a good game. bleh.
Does anyone at EA realize that you can be too big? Look at Walmart. Walmart can't do anything right because every group in the world is watching them. Soon EA will have everybody watching them. You get too big, you have to keep gobbling everything up just to stay alive. Long live the indies!