Electronic Arts acquires Glu Mobile for $2.4 billion

Mabel R. Acton

Electronic Arts is getting into the Kim Kardashian business. At least, that is the case if its deal to grab mobile gaming behemoth Glu Mobile goes through. EA announced its plans today to acquire Glu in a deal worth $2.4 billion. The companies expect the acquisition to close in second quarter of this year. This is EA’s second major acquisition in recent weeks, following its move to bring publisher Codemasters under its umbrella.

Glu is known for the aforementioned Kim Kardashian Hollywood game as well as other mobile hits like Tap Sports Baseball, Dine Dash Adventures, and Disney Sorcerer’s Arena.

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EA takes a big step into mobile with acquisition of Kim Kardashian: Hollywood developer Glu

Mabel R. Acton

EA is making a big move into the world of mobile gaming with the acquisition of Glu Mobile, a developer best known for its work on celebrity-focused titles, based on stars like Katy Perry and Kim Kardashian. Its portfolio also includes popular titles like Design Home, Covet Fashion, and MLB Tap Sports Baseball. EA says that once the deal is closed, it will have acquired Glu for “$2.1 billion in enterprise value.”

“Mobile continues to grow as the biggest gaming platform in the world, and with the addition of

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Electronic Arts Buys Mobile Game Maker Glu For $2.1 Bn

Mabel R. Acton

US video game powerhouse Electronic Arts on Monday announced a $2.1 billion deal to by smartphone-focused game studio Glu Mobile.

The acquisition came with Glu’s library of titles including MLB Tap Sports Baseball and was described as part of a move by EA to significantly beef up its offerings on smartphones or table computers.

“Mobile continues to grow as the biggest gaming platform in the world, and with the addition of Glu’s games and talent, we’re doubling the size of our mobile business,” said EA chief executive Andrew Wilson.

EA expected Glu to enable it to build on popular video

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Electronic Arts Buying Glu Mobile To Boost Mobile Game Business

Mabel R. Acton

Electronic Arts  (EA) – Get Report said Monday it’s buying Glu Mobile  (GLUU) – Get Report for $12.50 a share cash, or $2.4 billion, in a deal to boost its mobile-games business.

The acquisition will combine Electronic Arts, the Redwood City, Calif., maker of the Madden NFL franchise games, with Glu, San Francisco, known for its Covet Fashion, Deer Hunter, MLB Tap Sports Baseball, and  Kim Kardashian: Hollywood games.

At last check shares of Glu Mobile leaped 35% to $12.61. They’d closed regular Monday trading up 2.2% at $9.39.

EA shares were unchanged after hours. They

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