The EA sports videomaker, also known as Electronic Arts, is widely known for its impressive games launched over time, such as the FIFA series, which is now rebranded as EA Sports FC, along with SIMS, Madden NFL, Battlefield, and many others, which changed the perception of games with unique features and capabilities. It has been a big part of the gaming industry for more than 40 years, and has managed to sell more than 325 copies of the popular FIFA game since the first version was released in 1993.
The deal will take EA private, with all public shares bought out, ending its trading on the stock market. The purchase price represents a substantial 25% premium on EA’s market value, valuing the EA sports gaming company at $210 per share.
Even if it’s considered to be a huge deal for the gaming industry, it is not the biggest yet. The biggest is Microsoft’s $69 billion purchase of Call of Duty publisher Activision Blizzard, which faced intense scrutiny from global regulators over potential competition concerns. But this deal was finalized after Microsoft had transferred the rights to distribute the company’s games on consoles and PCs via the cloud to Ubisoft.
It’s important to know that the Electronic Arts CEO, Andrew Wilson, will keep his position in the EA Sports gaming company, as he is excited to make the gaming industry greater than ever before.
"Together with our partners, we will create transformative experiences to inspire generations to come," the current Electronic Arts CEO stated.
