Is Amazon about to acquire EA? Nobody seems to know for certain


Rumor mill: The internet was ripe with rumors earlier today claiming Amazon is about to purchase EA. It sent Electronic Arts’ stock price soaring, but the reason has since been disputed by CNBC’s stock market team. However, some believe Amazon will make an announcement, just not today.

Rumors that EA is seeking a buyer have been circulating on and off for a decade now. Long before it paid $7.5 billion for ZeniMax and $68.7 billion for Activision BlizzardMicrosoft was put forward as a potential buyer, There were also claims that Sony would respond to the latter acquisition by purchasing EAbut it eventually chose Bungie for $3.6 billion,

USA Today was one of the first to report Amazon’s alleged imminent purchase of EA, citing GLHF, a Swedish video game industry website, as a source. What’s interesting is that we previously heard EA was trying to sell itself to a streaming giant and had already been in talks with Amazon, Apple, and Disney.

But CNBC’s David Faber says that Amazon is not acquiring EA—not today, at least. “No, this is not going to happen today. Unless the people who have been involved [in acquisition talks] previously have no idea.”

Rumors that it was about to be acquired saw EA’s share price jump around 15%. It’s falling slightly at the time of writing but remains at $133, up from a high of $127 yesterday.

Given the consolidation of so many massive developers and publishers within the video games industry over the last year and the way EA has searched for buyers for so long, it’s understandable how the rumors have been so readily believed.

Neither Amazon nor EA has commented on the reports. If the acquisition does take place, expect the price to be up there with some of the biggest in recent times—Electronic Arts has a net worth of around $36 billion.

In related news, last week saw Embracer Group, which already owns THQ Nordic, Gearbox Interactive, Square Enix Montréal, and many more, announced more acquisitions from within the gaming industry, including Limited Run Games and Tripwire Interactive.

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Suraj Sewatkar
Suraj Sewatkar
Hi !!! This is Suraj Sewatkar, a blogger by hobby and HR by profession. I like to learn new things and go to new places. I am a website developer and have developed a number of websites and blogs on Blogger as well as WordPress as well with 3 years of experience in the HR field

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