According to a story TechCrunch has been following since late yesterday, PopCap Games, makers of many Steam titles such as Plants vs Zombies, is set to be aquired for a deal reported to be in excess of $1 Billion.
The still-yet-to-be-named buyer is rumored to be none other than EA Games:
The high price of the deal ($1+ billion) means that this would be a huge bet for EA — we’re talking over 13% of the company’s market cap. But we’re hearing that this is a Hail Mary pass from EA to break into mobile and social gaming — areas where the company hasn’t done nearly as well as it has in the console arena.
Steam Addicts will keep you in the loop with all the latest updates as we get them.
