Global venture capital firms, Index Ventures and Accel Partners, said that they have sold portfolio company, Playfish Inc,. to Electronic Arts Inc. (ERTS) for a consideration of up to $400 million including an earnout of up to $100 million and excluding cash balances.
Playfish creates the social networking games including Pet Society, Restaurant City, Country Story and Who Has The Biggest Brain?. To date, more than 150 million Playfish games have been installed and played by millions of people worldwide on platforms such as Facebook, MySpace, Google, Bebo, iPhone and Android.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.