In industry news, Electronic Arts has finished their purchase of mobile gaming giant Glu Mobile. In a staggering 2.1 billion dollar deal, the team joins EA’s portfolio as an accellerant in their mobile gaming spaces. Andrew Wilson, CEO of Electronic Arts, had this to say:
We’re thrilled to welcome Glu Mobile to our Electronic Arts family. The combination of our talented teams and powerful IP positions us as a leader in the largest gaming category in the world. We are forming a powerful growth engine that will expand our current games and deliver more amazing new experiences across sports, lifestyle, mid-core, and casual for players everywhere.
Nick Earl, CEO of Glu Mobile chimed in with his thoughts on where the fit in the game space.
Today is an exciting day for Glu and our global community of players. Joining forces with EA will take growth games like Covet Fashion, Design Home, Kim Kardashian: Hollywood, and the MLB Tap Sports Baseball franchise to the next level, expanding their reach to even more global audiences. Together, we will accelerate a strategic mobile-first approach and drive innovation through creative leadership while delivering world-class interactive experiences to our players.
The team adds a whopping 800 employees to the EA team.