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Electronic Arts Inc. announced this week that it has entered into an agreement to acquire Virginia-based Mythic Entertainment. Under this deal, Mythic Entertainment will become EA Mythic, a studio dedicated to developing MMORPGs. Mythic is recognized worldwide for Dark Age of Camelot and is currently developing Warhammer Online: Age of Reckoning under license agreement with Games Workshop. The acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close during EA's second quarter of fiscal 2007. Financial terms of the transaction were not disclosed.