Feeds

EA buys Aussie game studio

Firemint founder becomes instant millionaire

Internet Security Threat Report 2014

Electronics Arts has swooped on Melbourne-based mobile gaming developer Firemint for a reported estimate of somewhere between US$20-40 million.

Founded in 1999 the Australian developer is the creator of mobile game hit “Flight Control” and driving game, "Real Racing," which is an iPhone and iPad favourite.

Once the deal is closed, in an anticipated four weeks, Firemint will become part of EA's mobile and web game unit, EA Interactive.

EA Interactive executive VP Barry Cottle praised the Firemint team for its “critical and commercial success" and said their addition to EA would help accelerate the companies position as a gaming leader.

Firemint founder and CEO Rob Murray confirmed on his company blog that the company and its 60 strong staff would be staying in Melbourne with “business as usual”. While refraining from outlining plans he said that the deal “can free us up a lot to focus on the creative stuff that really matters and they can provide essential resources to help us build better games. We will be joining ranks with some of the best developers in the business.”

In January Firemint acquired fellow Australian game studio, Infinite Interactive. Infinite Interactive is best known for the “Warlords” and “Puzzle Quest” series of games, both designed by the companies founder Steve Fawkner. As part of the acquisition Fawkner joined Firemint as a product manager.

The rise of social gaming has led to a 36% rise in global funding and acquisition deals in 2010. According to recent IHS Screen Digest research the total number of funding and acquisition deals in gaming swelled to 210 last year. ®

Beginner's guide to SSL certificates

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
4chan outraged by Emma Watson nudie photo leak SCAM
In the immortal words of Shaggy, it wasn't me us ... amirite?
prev story

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.