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Apr 29, 2021 · Glu will bring more than 500 talented game developers (and nearly 800 total employees) to EA’s mobile-focused organization, deepening mobile-first talent and enabling EA to reach an even broader global audience across new regions and markets.
Feb 8, 2021 · Glu’s expertise in building and monetizing sports and casual mobile games, combined with Electronic Arts’ industry-leading IP in sports and beyond, will accelerate the creation of exciting new experiences for broad audiences. Experienced Creative Leadership & Enhanced Team Capabilities.
Apr 29, 2021 · Electronic Arts Inc. (NASDAQ: EA), a global leader in interactive entertainment, today announced the completion of its acquisition of Glu Mobile Inc. (NASDAQ: GLUU) for $2.1 billion in enterprise value.
Electronic Arts will acquire mobile game studio Glu Mobile for a weighty $2.1 billion, the companies announced Monday, making it one of the most costly video game acquisitions in history.
Meet Glu Mobile, the Newest Member of the EA Family. As we officially welcome Glu Mobile’s 800+ global employees to the Electronic Arts family today, we want to share a bit about why we are so excited to join forces. It’s not just because Glu’s games are awesome, which they are.
Glu Mobile LLC is an American developer and publisher of mobile games. It was founded as Sorrent in 2001 and acquired Macrospace in 2004. Both companies collectively rebranded as Glu Mobile in 2005. In April 2021, the company was acquired by Electronic Arts.
Feb 8, 2021 · Under the terms of the agreement, EA will acquire Glu for $2.1 billion in enterprise value. Glu stockholders will receive $12.50 in cash for each share of Glu stock, representing a 36% premium to Glu’s closing share price on February 5, 2021.
