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RSS FeedsElectronic Arts wants to buy Glu Mobile (and its Kardashian game) for $2.1 billion
(Android Police)

 
 

10 february 2021 00:55:02

 
Electronic Arts wants to buy Glu Mobile (and its Kardashian game) for $2.1 billion
(Android Police)
 


Bigger pipeline, bigger revenues Perhaps Electronic Arts figured it was about time to start milking the cash cow that is mobile gaming: it has announced its intent to buy publisher GluMobile, known for its freemium all-encompassing titles like `Kim Kardashian: Hollywood,` `Cooking Dash,` and 2013`s `Frontline Commando: D-Day,` for $2.1 billion — a 36% premium on its market capitalization up to today. Unlike many other companies, Glu`s 2020 ended with revenue gains as it reported fourth quarter revenues of $141 million (up 32% year-over-year) and full-year income of $20.4 million (up 129%). Read More Electronic Arts wants to buy Glu Mobile (and its Kardashian game) for $2.1 billion was written by the awesome team at Android Police.


 
58 viewsCategory: Technology > Mobile > Android
 
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