Electronic Arts buys Glu Mobile for $ 2.1 billion

 

With the acquisition of EA increased its Mobile division significantly. Glu operates a variety of Games, for example, “Kim Kardashian: Hollywood”, “MLB Tap Sports Baseball” and “the Deer Hunter”.


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Only at the end of last year, Electronic Arts has taken $ 1.2 billion for Codemasters in the Hand. Now, the Publisher for almost double the amount of Glu Mobile, namely 2.1 billion dollars buys, according to the current exchange rate is approx. 992 million euros. Glu is responsible for successful games-Apps like “Deer Hunter Classic”, “Dino Hunter: Deadly Shores”, “Kim Kardashian: Hollywood” or different versions of the “MLB Tap Sports”.

Electronic Arts justified the purchase with the diversification of your own Mobile catalog, the employees experienced, growth speed leunigung, especially for the Mobile Segment, and the Expansion of the Live-Service segment. The latter was also the primary engine for EAs revenue in the last quarter. With Glu over 500 developers have come up to the group, and nearly 300 additional workers. They are stationed in San Francisco, Foster City, Toronto and Hyderabad.

“Our acquisition of Glu brings together great Teams and products with strong appeal to create in the Mobile Games division of a market leader, with proven Expertise through numerous fast-growing genre over. The Mobile market as the biggest Gaming platform in the world continues to grow and with the addition of Glu’s Games and Talent, we are doubling the size of our Mobile business. With a deep Portfolio go to IPs, and an ever-expanding global user base, we deliver more exciting experience for our players and the growth of Electronic Arts to further increase,” said Eas CEO Andrew Wilson.

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