M&A Deal Summary

Electronic Arts Acquires BioWare

On October 12, 2007, Electronic Arts acquired digital media company BioWare from Elevation Partners

Acquisition Highlights
  • This is Electronic Arts’ 21st transaction in the Digital Media sector.
  • This is Electronic Arts’ 4th transaction in Canada.
  • This is Electronic Arts’ 1st transaction in Alberta.

M&A Deal Summary

Date 2007-10-12
Target BioWare
Sector Digital Media
Buyer(s) Electronic Arts
Sellers(s) Elevation Partners
Deal Type Add-on Acquisition

Target

BioWare

Edmonton, Alberta, Canada
BioWare Corp. is a video game developer.

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Buyer(S) 1

Buyer

Electronic Arts

Redwood City, California, United States

Category Company
Founded 1982
Sector Digital Media
Employees13,700
Revenue 7.5B USD (2025)
DESCRIPTION
Electronic Arts' corporate headquarters in Redwood City, California.
Electronic Arts' corporate headquarters in Redwood City, California.

Electronic Arts is a producer of video games. Electronic Arts develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. Electronic Arts was founded in 1982 and is based in Redwood City, California.


DEAL STATS #
Overall 29 of 46
Sector: Digital Media M&A 21 of 34
Type: Add-on Acquisition M&A Deals 27 of 42
State: Alberta M&A 1 of 1
Country: Canada M&A 4 of 6
Year: 2007 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-12 Pandemic Studios

Los Angeles, California, United States

Pandemic Studios is known for releasing high-quality, high-energy entertainment for multiple gaming platforms. Over its eleven year history, industry leaders Josh Resnick, Andrew Goldman, and Greg Borrud have grown the Los Angeles-based company into a team of over 200 of the best and brightest game development talents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 GhostBird Software

Toronto, Ontario, Canada

GhostBird Software, Inc. is a creator of the photo-editing apps, KitCam, PhotoForge and PhotoForge2 for Apple’s (AAPL) iPhone.

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Seller(S) 1

SELLER

Elevation Partners

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 1.9B USD
Size Large
Type Sector Focused
DESCRIPTION

Elevation Partners is a private equity firm that makes investments in media, entertainment, and consumer related companies. The Firm focuses on investing in intellectual property and content oriented businesses, as well as traditional media and entertainment assets. Elevation seeks to invest between $50 and $300 million in each transaction to help support growth and other initiatives. Elevation Partners was formed in 2005 and is based in Menlo Park, California with an additional office in New York City.


DEAL STATS #
Overall 2 of 7
Sector: Digital Media M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 5
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2007 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-12 Pandemic Studios

Los Angeles, California, United States

Pandemic Studios is known for releasing high-quality, high-energy entertainment for multiple gaming platforms. Over its eleven year history, industry leaders Josh Resnick, Andrew Goldman, and Greg Borrud have grown the Los Angeles-based company into a team of over 200 of the best and brightest game development talents.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-24 Facebook

Menlo Park, California, United States

Facebook is a social utility company that helps people communicate more efficiently with their friends, family, and coworkers. Facebook develops technologies that facilitate the sharing of information through the social graph, the digital mapping of people's real-world social connections. Facebook was founded in 2004 and is based in Menlo Park, California.

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