WIRED Staff
Culture

EA buys DICE for $24M

Reuters reports that Electronic Arts has purchased Swedish developer Digital Illusions CE, aka DICE, for $24M, or 175.5 million Swedish krona.1 DICE will become an Electronic Arts studio that works on the Battlefield franchise and developing new products, the company said. Ever-vigilant NeoGAF posters hasten to point out that this is merely the finalization of […]

Reuters reports that Electronic Arts has purchased Swedish developer Digital Illusions CE, aka DICE, for $24M, or 175.5 million Swedish krona.1

DICE will become an Electronic Arts studio that works on the Battlefield franchise and developing new products, the company said.

Ever-vigilant NeoGAF posters hasten to point out that this is merely the finalization of a long-held financial arrangement. From 2003:

Massive global publishing powerhouse EA, today secured long-term publishing rights with Sweden’s Digital Illusions, by purchasing a stake in the developer, whose last project was the super-popular Battlefield 1942.

1Waiting to see how many blogs report this figure as $175 million.