Is Glu Mobile a good stock to buy?
Mobile companies like Glu are highly valuable not only because of their ability to create fun games for a small screen, but also their knowledge of how to monetize them. It's entirely possible that one of the larger players will want to acquire Glu for that very reason.
Did Glu Mobile get bought out?
(NASDAQ: EA), a global leader in interactive entertainment, today announced the completion of its acquisition of Glu Mobile Inc.
Did EA buy out Glu?
Electronic Arts Completes Acquisition of Glu Mobile, Creating a New Global Leader in Mobile Gaming. Acquisition brings together two leading mobile organizations with expert, mobile-first teams and complementary games across the sports, lifestyle, mid-core, and casual genres.
Who bought out Glu Mobile?
Electronic ArtsElectronic Arts has completed its $2.4 billion acquisition of Glu Mobile, the mobile game publisher led by a former EA executive. The enterprise value of the deal is $2.1 billion, based on Glu's own cash and other assets.
How much is Glu Mobile stock?
12.50Key Turning Points52-Week High12.95Last Price12.50Fibonacci 61.8%10.62Fibonacci 50%9.90Fibonacci 38.2%9.171 more row•Apr 28, 2021
Who bought EA?
The Public Investment Fund of Saudi ArabiaThe acquisition was completed by the end of April 2021. The Public Investment Fund of Saudi Arabia acquired 7.4 million shares of EA, valued at $1.1 billion, in February 2021. Former CEO and current chairman Probst stated in May 2021 he was retiring from the company. Current EA CEO Wilson took over as chairman.
Who owns Glu games?
Electronic ArtsGlu Mobile / Parent organization
What did EA just buy?
As of April 2021, Electronic Arts' largest acquisition is the purchase of Glu Mobile, for $2.4 billion.
When did EA acquire Glu Mobile?
April 30, 2021By Andrew Cohen April 30, 2021 Electronic Arts has acquired mobile games developer Glu Mobile for $2.1 billion. The move bolsters EA's smartphone gaming business with 500 mobile game developers and nearly 800 total employees from Glu now joining EA.
Who owns crowdstar?
Electronic ArtsCrowdStar / Parent organization