News: Codemasters Sold!

The British 3rd party was bought out, read the details...

Codemasters, well known for developing games like TOCA Touring Car or Collin McRae has been entirely bought out by Balderton Capital, which already owned 70% of the company's capital. Codemasters' CEO had this to say:

"For more than 20 years, Jim, David and Richard built Codemasters to become one of the videogame industry's great British success stories; they brought enjoyment to many and made a valuable contribution to the industry as a whole.
This new investment heralds the next stage for Codemasters as it realises its ambitions to be a global player, readying itself for the digital age."

This buy out rewarded Codemasters with �50 million/�74 million, so let's see how they use this money...


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