EA buys 'Golf Clash' creator Playdemic for $1.4 billion

Technology
Wednesday, 23 Jun 2021
9:27 PM MYT

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FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson/File Photo GLOBAL BUSINESS WEEK AHEAD

(Reuters) -Electronic Arts said on Wednesday it had bought Playdemic Ltd, the mobile games studio responsible for "Golf Clash", for $1.4 billion in cash, in a bid to bolster its mobile gaming portfolio.

The company, known for its "FIFA" and "Madden NFL" video games, is buying Playdemic from Warner Bros Games, a unit of WarnerMedia that is being hived off from AT&T Inc .

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KANGER	0.035	0.035	0.030	0.035	0.000	0.00	399,603
YTLPOWR-C77	0.040	0.045	0.040	0.040	0.000	0.00	397,913
YTL-C1F	0.025	0.025	0.025	0.025	-0.005	-16.67	307,849
HSI-PWFF	0.200	0.225	0.185	0.215	0.015	7.50	287,039
SINARAN	0.035	0.035	0.030	0.030	-0.005	-14.29	276,347

EA buys 'Golf Clash' creator Playdemic for $1.4 billion