Article: Electronic Arts acquires Distinctive Software Inc. (Brief Article)

Electronic Arts acquires Distinctive Software Inc.

SAN MATEO, CALIF. -- Electronic Arts has reached a definitive agreement to acquire Distinctive Software Inc. (DSI). In the transaction, which will be accounted for as a pooling of interests, Electronic Arts will pay $782,900 and issue 488,157 shares of new common stock in exchange for all the outstanding capital stock of DSI.

DSI is a software development company which boasts a line of over 40 titles developed for leading publishers including Electronic Arts, Broderbund Software Inc., Konami Inc., Walt Disney Computer Software Inc., Mindscape (a division of Software Toolworks) and Accolade Inc. DSI-developed ...

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