December 4, 2022

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EA is said to be seeking acquisition and merger options with "a number of potential suitors."

EA is said to be seeking acquisition and merger options with “a number of potential suitors.”

Electronic Arts is said to be seeking acquisition and merger opportunities with “a number of different potential suitors”.

This is according to demon (£), which revealed yesterday that EA has been “perseverant in pursuing the sale” with a number of companies, including Amazon, Apple, Disney and NBCUniversal, “daring in the wake of Microsoft-Activation deal“.

“In recent years, due to the interest of media companies in the fast-growing game industry, [CEO Andrew Wilson] Electronic Arts and Electronic Arts have had conversations with a number of different potential suitors, including Disney, Apple and Amazon, sources familiar with those conversations told me,” Puck reporter Dylan Byers wrote.

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“Many sources familiar with these conversations say that EA was continuing to pursue the sale, only getting emboldened in the wake of the Microsoft-Activision deal. Others say EA is primarily interested in arranging a merger that would allow Wilson to remain as CEO of the combined company.”

It is unclear whether the deal is currently under negotiation, but the reporter hinted that a deal with NBCUniversal had advanced further, before it collapsed last month after the parties were unable to agree on the structure or price.

“We do not comment on rumors and speculation regarding mergers and acquisitions,” EA spokesperson John Riesburg told the media in a statement. Kotaku).

“We are proud to operate from a position of strength and growth, with an amazing portfolio of games, built on a strong IP, made by incredibly talented teams, and a network of over half a billion players. We see a very bright future ahead.”

This news comes after reports reaching 100 people could lose their jobs because EA cuts customer support staff At its US office in Austin, and its European hub in Galway. EA confirmed the layoffs and said job losses would eventually “reduce complexity and increase our efficiency, flexibility and scalability.”

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