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Electronic Arts is actively looking for a buyer

Electronic Arts is actively looking for a buyer

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A new report from Puck claims that gaming giant Electronic Arts is actively looking for a buyer. The company has already held talks with Amazon, Apple, and Disney about a potential acquisition or a merger.

EA also recently talked with NBCUniversal but didn’t reach an agreement. NBCUniversal’s parent company Comcast approached EA with an offer to merge EA and NBCUniversal. The deal couldn’t be finalized over the price and merged entity’s final form.

EA has also reportedly talked with Disney to merge EA Sports with ESPN. But Disney is focusing on its streaming service Disney+ and wants to keep a cash reserve for it.

Since Microsoft acquired Activision Blizzard, EA has talked to several companies for acquisition or merger. EA has a market capitalization of almost $37 billion. If any company acquires it, it will be the second-largest publisher to ever be acquired. EA has also spent $5 billion to acquire two mobile game studios in the past 18 months. The company recently confirmed that it will be ending its partnership with FIFA starting next year. It will also lose its exclusive license to produce Star Wars titles next year.

The company declined to comment on this matter. “We are proud to be operating from a position of strength and growth, with a portfolio of amazing games, built around powerful IP, made by incredibly talented teams, and a network of more than half a billion players. We see a very bright future ahead,” said an EA spokesperson.

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Deepanker Verma

About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.

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