Wednesday, 18 November 2009

Goodbye Pandemic LA


I was working at Pandemic Brisbane for about 3 months before we merged with BioWare and Elevation Partners invested 300 million into the company. Two years later Pandemic and BioWare were sold to Electronic Arts for about 800 million. About 18 months later the Brisbane studio was shut down. Today the LA studio has also been shut down. Read about it here.

It's interesting to note that John Riccitello left EA in 2004 to form Elevation to buy Pando/BioWare to then go back to EA in 2007 and buy Pando/BioWare from Elevation. According to this article he made 4.9 million from the deal (the second time)

And the image up the top? Well the high point on the left is when Pandemic was bought at $60 a share. And it's been an impressive ski slope ever since.

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