In March 2006, EA announced a new plan to acquire all outstanding shares in DICE for per share. The acquisition was completed on 2 October, with 2.6 million shares in DICE transferred to EA in exchange for a total of . Shortly following the acquisition, on 5 October, EA closed Digital Illusions Canada, DICE's Ontario-based studio. 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. DICE co-founder Liljegren announced on 16 October that he established RedJade as a successor to Digital Illusions Canada.