EA to Acquire Criterion Software Group from Canon Eurpoe

Electronic Arts today announced an agreement to acquire Criterion Software Group Ltd. from Canon Europe. With the acquisition, EA assumes Criterion's studio in Guildford, UK; two globally recognized intellectual properties, Burnout and Black; and the RenderWare middleware technology.

Under a previous agreement, Criterion's Burnout3 game is being published by EA and is scheduled for release on all major platforms in September. Criterion is also developing a highly-anticipated game known simply as Black. Both titles received strong critical support earlier this year at the recent E3 game exhibition in Los Angeles. "This is a great fit," said EA Chairman and CEO Larry Probst. "Criterion offers us studio talent and a proven management team, globally recognized intellectual property and technology infrastructure that will accelerate our readiness on the next generation of consoles."

News source: Yahoo! News

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