Confirming previous rumours, Electronic Arts has announced it's to buy mobile games firm PopCap in a huge $750m deal.
EA will pay $650 million in cash and a further $100 million in shares of EA common stock to select PopCap stockholders.
"EA and PopCap are a compelling combination," said EA CEO John Riccitiello. "PopCap's great studio talent and powerful IP add to EA's momentum and accelerate our drive towards a $1 billion digital business. EA's global studio and publishing network will help PopCap rapidly expand their business to more digital devices, more countries, and more channels."
PopCap CEO David Roberts chimed in: "We picked EA because they have recast their culture around making great digital games. By working with EA, we'll scale our games and services to deliver more social, mobile, casual fun to an even bigger, global audience."
The PopCap acquisition joins some of the games industry's biggest ever deals, alongside another EA buyout: the $860m purchase of BioWare in 2007.