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EA Acquires DreamWorks Interactive

Electronic 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."

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Rick DeMott
Animation World Network
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