Electronic Arts Acquires Glu Mobile to Boost Online Gaming Portfolio
Video game developer Electronic Arts announced the acquisition of mobile game developer Glu Mobile for $2.1 billion, a 36% premium to the market. [more]
Video game developer Electronic Arts announced the acquisition of mobile game developer Glu Mobile for $2.1 billion, a 36% premium to the market. [more]
Roblox, an online game platform, filed an amended prospectus in preparation for a direct listing on the NYSE in February, under the ticker “RBLX”. The latest financing values the Company at $29.5B, making Roblox one of the most valuable private companies. [more]
The video game industry experienced high growth due to new innovative products and services, such as live-service games, subscription-based gaming platforms, and eSports offerings. As a result, this past quarter, game publishers are recording record revenues, with most raising guidance for this year. [more]
This week on the “Electronic Arts Live Fireside Chat” webinar, Andrew Wilson, CEO of EA, spoke on the three pillars of growth for EA in the long-term: (1) Content Creation, (2) Live Service Games, and (3) Customer Reach [more]
This week, Eric Bernofsky, COO of Enthusiast Gaming, presented a session called “Navigating the Current eSports Environment” at the 2020 PocketGamer Connects Digital #2 conference. [more]
Cancelled or postponed live sports events have provided a catalyst for growth in the eSports industry as many pro sports teams experiment with online and virtual reality events. Quickly following, sports betting platform provider Newgioco launches wagering on eSports events. [more]
Valve’s Steam hits record number of users; Activision launches battle royale Call of Duty and downloads hit record levels; NVIDIA’s GeForce Now starts to sell out memberships; but eSports events such as E3 and GDC cancelled. [more]
In June 2019, Overwatch, a videogame made by game developer, Activision Blizzard generated US$1 billion in revenue from in-game purchases. [more]
Evolve Funds launched Canada’s first global e-Gaming ETF which will be available on the Toronto Stock Exchange under the ticker symbol HERO. [more]
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