M&A Deal Summary

Electronic Arts Acquires Westwood Studios

On September 8, 1998, Electronic Arts acquired digital media company Westwood Studios from Virgin Interactive Entertainment for 123M USD

Acquisition Highlights
  • This is Electronic Arts’ 7th transaction in the Digital Media sector.
  • This is Electronic Arts’ 10th largest (disclosed) transaction.
  • This is Electronic Arts’ 5th transaction in the United States.
  • This is Electronic Arts’ 1st transaction in Nevada.

M&A Deal Summary
Date 1998-09-08
Target Westwood Studios
Sector Digital Media
Buyer(s) Electronic Arts
Sellers(s) Virgin Interactive Entertainment
Deal Type Divestiture
Deal Value 123M USD

Target

Westwood Studios

Las Vegas, Nevada, United States
Westwood Studios, Inc. is a video game developer and publisher company.

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Buyer(S) 1

Buyer

Electronic Arts

Redwood City, California, United States
Category Company
Founded 1982
Sector Digital Media
Employees13,400
Revenue 7.4B USD (2023)
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 12 of 46
Sector (Digital Media) 7 of 34
Type (Divestiture) 1 of 4
State (Nevada) 1 of 1
Country (United States) 5 of 23
Year (1998) 3 of 3
Size (of disclosed) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-28 ABC Distribution & Retail Solutions

Buchs, Switzerland

ABC Distribution & Retail Solutions GmbH is an independent distributor of entertainment and application software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-22 Kesmai

Charlottesville, Virginia, United States

Kesmai Corp. is a developer and publisher of multiplayer online entertainment. Kesmai specializes in the design and development of multiplayer games delivered directly to consumers over the Internet and is a major provider of game content to the Games Channel on the America Online service.

Buy -

Seller(S) 1

SELLER

Virgin Interactive Entertainment

London, United Kingdom
Category Company
Founded 1981
Sector Digital Media
DESCRIPTION

Virgin Interactive Entertainment, Inc. is a video game developer.

DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (1998) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

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