The 25 employees working at the studio at the time were given the option to transfer to DICE's headquarters in Stockholm or any other EA studio. Shortly following the acquisition, on 5 October, EA closed Digital Illusions Canada, DICE's Ontario-based studio. The acquisition was completed on 2 October, with 2.6 million shares in DICE transferred to EA in exchange for a total of 175.5 million kr. In March 2006, EA announced a new plan to acquire all outstanding shares in DICE for 67.50 kr per share. On 25 January 2005, shareholders agreed to the acquisition, and EA raised their ownership in DICE to 59.8%. Initially, the offer was rejected by shareholders representing 28% of DICE's ownership on 15 December, after which EA adjusted its offer on 20 December, intending to only purchase 44.5% at the same price per share, extending the offer deadline to 20 January 2005. In November 2004, Electronic Arts (EA) announced their intent to purchase all outstanding shares in DICE at a price of 61 kr per share, with the deal's closing deadline scheduled for 27 December. Acquisition by Electronic Arts (2006–present) Trauma Studios employed nine people at the time. In September 2004, DICE also merged with Trauma Studios in New York City. Sandbox Studios added 50 employees to DICE's staff, amounting to 150 total employees. This was followed with the merger of Sandbox Studios in April 2001. Patrick Söderlund, who had founded Refraction Games in 1997, subsequently joined DICE as chief executive officer. From the acquisition, DICE inherited the in-development Battlefield 1942. In 2000, DICE acquired developer Refraction Games (developers of Codename Eagle). The four studied at Växjö University, thus DICE was established in Växjö. History Foundation and early years (1992–2000) ĭigital Illusions was founded in May 1992 by Olof 'Olle' Gustafsson, Markus Nyström, Fredrik Liljegren and Andreas Axelsson, four friends and former members of The Silents, a demogroup that developed for Amiga systems. Through their Frostbite Labs division, the company also develops the Frostbite game engine. Its releases include the Battlefield, Mirror's Edge and Star Wars: Battlefront series. The company was founded in 1992 and has been a subsidiary of Electronic Arts since 2006. EA Digital Illusions CE AB ( trade name: DICE) is a Swedish video game developer based in Stockholm.

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