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EA CEO Responds To Acquisition Rumors: ‘We Couldn’t Be in a Stronger Position As a Standalone Company’


With the finalization of Activision-Blizzard’s acquisition by Microsoft imminent, EA is on the cusp of taking its place as the most important main standalone developer and writer within the business. Which in fact has sparked loads of questions on whether or not or not EA itself may in the future be acquired.

A type of rumors cropped up final Could in a Puck report that exposed EA had been approached by Comcast CEO Brian Roberts a few potential acquisition — but it surely fell aside as a consequence of disagreements over value and construction.

Although EA has repeatedly declined to touch upon “rumors and hypothesis,” CEO Andrew Wilson did reply a query with reference to acquisitions throughout as we speak’s Q1 earnings name, reiterating that he did not suppose the writer may “be in a stronger place as a standalone firm.”

Activision Blizzard Deal In comparison with Different Main Acquisitions

“Our…goal is at all times to maintain our individuals, our gamers, and our shareholders,” he continued. “Ought to there ever be a approach for us to try this in another way than the best way we’re doing it as we speak, I in fact must be open to that, however I’d inform you as we speak we really feel very very assured and excited for our future.”

It was certainly a profitable quarter for EA, with F1 22 gross sales up double-digits in comparison with F1 final yr, and general internet income of $1.78 billion (up from $1.55 billion year-over-year) largely pushed by reside service video games — which now signify over 70% of its enterprise for the final 12 months. And in contrast to plenty of its fellows, it would not appear to have been overly impacted by delays (or at the very least not a pile of public-facing ones). In reality, its subsequent three quarters are trying pretty promising between the Lifeless Area remake, all the standard sports activities video games, Tremendous Mega Baseball, and two different unannounced video games coming in early 2023.

It is price noting, nevertheless, that that is the type of boilerplate assertion that just about each CEO has made relating to acquisitions of late. Ubisoft has mentioned as a lot, and so has Take-Two. Statements like this when confronted with acquisition questions are fairly commonplace, as they each hold the CEO from truly mendacity if an acquisition is being mentioned, but in addition do not invite an excessive amount of hypothesis given the quite a few authorized and enterprise the explanation why executives cannot verify or deny till the deal is nearly sealed.

What’s extra, corporations like EA are continually discussing acquisitions, each by way of what they may wish to purchase, and whether or not or not they could possibly be acquired. Conversations occur a number of instances a yr; they only normally fall by way of as a result of the 2 sides as a rule cannot absolutely agree on a deal that works for them each.

Will EA in the future be acquired? Perhaps, perhaps not. What’s sure is that it’s going to possible proceed to be approached with gives whereas additionally making gives of its personal, and with Activision-Blizzard snapped up, EA is in among the best positions within the business to both refuse offers, or reduce an especially profitable one.

Rebekah Valentine is a information reporter for IGN. You’ll find her on Twitter @duckvalentine.





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