With Millions of Enthusiasts, Mobile Gaming Could be a $120 Billion Market
Glu Mobile Inc. (NASDAQ:GLUU) for $2.1 billion. "The acquisition will immediately add significant scale to Electronic Arts' mobile games business. The combination of Electronic Arts and Glu creates a leading mobile product portfolio that includes more than 15 top live services across fast-growing genres with a combined $1.32 billion in bookings over the last twelve months." "Bringing together the best-in-class mobile development teams at Glu and Electronic Arts' mobile business, with a collective portfolio of powerful IP in sports, lifestyle, RPG, casual and other genres, and leveraging Ele...
Source: menafn.com