Asia Tech Wire (July 3) -- Dublin-based video game services company Keywords Studios has agreed to a takeover worth 2.2 billion pounds ($2.8 billion) by European private equity firm EQT.

The London-listed company said on Wednesday it would recommend that shareholders accept a cash offer of 2,450 pence per share.

The offer represents a 66.7% premium to the company's last closing price on May 17th.

Former Microsoft employee Giorgio Guastalla and his wife Teresa Luppino founded Keywords Studios in 1998.

The company employs more than 13,000 people in 26 countries around the world and provides services in the areas of game art, marketing and testing to clients such as Activision Blizzard, Electronic Arts and Tencent.