Electronic Arts Completes Acquisition of Glu Mobile, Creating a New Global Leader in Mobile Gaming
b'Electronic Arts Inc. (NASDAQ: EA), a global leader in interactive entertainment, today announced the completion of its acquisition of Glu Mobile Inc. (NASDAQ: GLUU) for $2.1 billion in enterprise value.\nThe combination of Electronic Arts and Glu accelerates EA\xe2\x80\x99s mobile portfolio growth and will fuel new experiences in mobile, the largest gaming platform in the world.
- b'Electronic Arts Inc. (NASDAQ: EA), a global leader in interactive entertainment, today announced the completion of its acquisition of Glu Mobile Inc. (NASDAQ: GLUU) for $2.1 billion in enterprise value.\nThe combination of Electronic Arts and Glu accelerates EA\xe2\x80\x99s mobile portfolio growth and will fuel new experiences in mobile, the largest gaming platform in the world.
- The deal will add significant growth to EA\xe2\x80\x99s mobile business, building on its network of 100 million monthly active players in mobile, and creating a market-leading portfolio of more than 15 top live services across multiple fast-growing genres.\n\xe2\x80\x9cWe\xe2\x80\x99re thrilled to welcome Glu Mobile to our Electronic Arts family,\xe2\x80\x9d said Andrew Wilson, CEO of Electronic Arts.
- \xe2\x80\x9cThe combination of our talented teams and powerful IP positions us as a leader in the largest gaming category in the world.
- For more information, visit www.glu.com or follow Glu on Twitter, Facebook and Instagram.\nCovet Fashion, Deer Hunter, Design Home, Diner DASH, Tap Sports, Glu and Glu Mobile are trademarks of Glu Mobile Inc.\n'