amazon-is-making-an-offer-to-buy-electronic-arts,-says-report

A brand new report revealed by USA Today means that Amazon will shortly announce it’s making a proposal to purchase online game writer Electronic Arts.

Just just a few months in the past, we discovered that EA nearly merged with Comcast’s NBCUniversal division. That report additionally talked about ongoing talks with large corporations like Disney, Apple, and Amazon. EA’s present market cap is $35.48 billion, however we anticipate that Amazon will possible pay a premium worth.

The acquisition makes double sense for Amazon because it may extra simply leverage EA’s many IPs for transmedia alternatives, equivalent to Prime Video diversifications. Last November, a Deadline report steered Amazon was nearing a deal to provide a Mass Effect TV sequence.

Electronic Arts CEO Andrew Wilson had just lately mentioned the potential sale alternatives, hinting that it may occur.

I believe we’re in an unbelievable place. We’re quickly to be the biggest standalone unbiased developer and writer of interactive media on the earth. I believe now we have essentially the most unbelievable groups in our trade and we’re attracting increasingly more unbelievable expertise. We have a group that is 600 million robust and definitely we’re effectively on our solution to our aspirations to have the ability to have interaction a billion individuals in play throughout the planet. […] I do not suppose we could possibly be in a stronger place as a standalone firm. Our goal is all the time to care for our individuals, our gamers, and our shareholders, and may there ever be a manner for us to try this in another way than the best way we’re doing it right this moment, I after all should be open to that. But, I’ll inform you right this moment, that we really feel very, very assured and excited for our future.