Seattle, Wash. — PopCap Games, a casual games company famous for games such as “Bejeweled,” “Zuma” and “Peggie,” is rumored to be in acquisition discussions with several companies — including Electronic Arts, TechCrunch reported, citing multiple sources.
PopCap, which makes between $100 and $150 million a year according to TechCrunch, is rumored to have an offer of over $1 billion, with Electronic Arts, Zynga and a company in Asia being possible buyers. TechCrunch posted an update today stating that multiple sources have said that the buyer is Electronic Arts.
The company raised $22.5 million in Oct. 2009, and was rumored to be exploring an IPO last year. Neither companies have confirmed these rumors to be true.
http://tinyurl.com/5st6pme (PC World)