M&A
confidence high
sentiment positive
materiality 0.75
EA completes $1.4B cash acquisition of mobile game maker Playdemic from AT&T/WarnerMedia
ELECTRONIC ARTS INC.
- Acquired Playdemic, creator of Golf Clash (80M+ downloads), for $1.4B cash subject to customary adjustments.
- Playdemic adds to EA's mobile portfolio of 18+ live services across lifestyle, casual, sports, mid-core genres.
- CEO Wilson says acquisition expands EA's mobile growth strategy and investment in UK-based talent.
- EA has also acquired Codemasters, Glu Mobile, and Metalhead Software in the past year.