EA has a new studio under its umbrella. The company today acquired Respawn Entertainment, the studio behind the Titanfall series. Depending on the success of the company’s future titles, EA could pay up to $455 million to make the studio a part of the company.
According to a press release, EA will pay $151 million in cash and another $164 million in “long-term equity in the form of restricted stock units to employees.” An additional $140 million could also wind up in Respawn’s pocket, but that money is based on “achievement of certain performance milestones” with future titles created until the end of 2022.
According to a blog post from studio CEO Vince Zampella, the acquisition will bring no major changes or layoffs to current staff. Zampella also wrote that the decision to join EA was due to the studio’s need for expansion.
