EA has officially confirmed during a recent press release that it has acquired developer Glu Mobile for $2.1 billion. This purchase was made in an effort for EA to expand into the mobile market as the acquisition has already doubled the size of EA’s mobile business.
“Mobile continues to grow as the biggest gaming platform in the world,” said EA CEO Andrew Wilson. The mobile market continues to bring in big numbers, with Call of Duty: Mobile and PUBG Mobile continuing to bring in big revenue. EA intends to expand its mobile games portfolio into sports, RPG, lifestyle, casual, and apparently “midcore” games.
Glu Mobile has released a handful of mobile titles, reportedly earning more than $1.32 billion in net bookings over the last fiscal year.
