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Electronic Arts Buys Mobile Game Maker Glu For $2 1 Bn

Electronic Arts to Acquire Glu Mobile, Creating a New Global Leader in the Largest and Fastest Growing Gaming Segment – Consumer Electronics Net

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

Electronic Arts to Acquire Glu Mobile

Electronic Arts this week announced that it has entered into a definitive agreement to acquire Glu Mobile, publisher and developer of mobile video games like Design Home, Covet Fashion, and, perhaps most notably, Kim Kardashian: Hollywood, among others. Under the specifics of the deal, EA will [.]

Electronic Arts търси успех в мобилните игри с ново придобиване:: Investor bg

Electronic Arts търси успех в мобилните игри с ново придобиване:: Investor bg
investor.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investor.bg Daily Mail and Mail on Sunday newspapers.

Glu Reports Fourth Quarter and Full Year 2020 Financial Results

Press release content from Business Wire. The AP news staff was not involved in its creation. Glu Reports Fourth Quarter and Full Year 2020 Financial Results February 8, 2021 GMT SAN FRANCISCO (BUSINESS WIRE) Feb 8, 2021 Glu Mobile Inc. (NASDAQ: GLUU), a leading global developer and publisher of mobile games, today announced financial results for its fourth quarter and full year ended December 31, 2020. “Our fourth quarter results capped off another strong year for Glu,” said Nick Earl, Chief Executive Officer. “The performance of our Growth Games and the resurgence of Kim Kardashian: Hollywood coupled with a strong contribution from the title we launched during the year,

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