EA Buys DreamWorks Interactive
By rdemott2
Created 02/28/2000 - 01:00
files/pictures/picture-35.jpgElectronic Arts, one of the world's largest interactive entertainment
software companies, announced the acquisition of multimedia developer
DreamWorks Interactive, LLC. In terms of the deal, DreamWorks Interactive
will become a complete subsidiary of Electronic Arts. Financial terms were
not disclosed. Formed in March 1995 as a joint venture between Microsoft
and DreamWorks SKG, DreamWorks Interactive has produced such PlayStation
titles as LOST WORLD: JURASSIC PARK and MEDAL OF HONOR. Steven Spielberg,
who engineered the creation of DreamWorks Interactive, said, "We have been
extremely pleased with the working relationship that has developed over the
past two years with Electronic Arts. EA brings world-class production
processes, strong global distribution and an unmatched marketing
infrastructure to add to DreamWorks Interactive's top-notch creative
talent." EA's President of Worldwide Studios Don Mattrick said, "DreamWorks
Interactive is a gifted creative team, with an impressive portfolio of
innovative interactive entertainment titles. We're very excited about
bringing this team to EA and helping them develop the next generation of
titles."
