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Paradise Mobile relies on Thales to deliver seamless connectivity in the Caribbean Region
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Paradise Mobile relies on Thales to deliver seamless connectivity in the Caribbean Region
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2 months ago
Accelerates the growth of Electronic Arts’ mobile business through development of new sports, lifestyle, casual, and mid-core games
Creates a market-leading portfolio of more than 15 top live services across multiple fast growing mobile genres
Expands Electronic Arts’ nearly half a billion strong player network to reach a broader global audience
REDWOOD CITY, Calif.–(BUSINESS WIRE)–
Electronic Arts Inc. (NASDAQ: EA), a global
leader in interactive entertainment, and Glu
Design Home,
Covet Fashion, and
MLB Tap Sports Baseball, have entered into a definitive agreement under which Electronic Arts will acquire Glu Mobile. Under the terms of the agreement, EA will acquire Glu for $2.1 billion in enterprise value. Glu stockholders will receive $12.50 in cash for each share of Glu stock, representing a 36% premium to Glu’s closing share price on February 5, 2021. Upon closing, the acquisition will be immediately accretive t