EA CEO Responds to Buyout Rumors: ‘We Couldn’t Be in a Stronger Position as an Independent Company’

EA CEO Responds to Buyout Rumors: 'We Couldn't Be in a Stronger Position as an Independent Company'
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With the completion of Microsoft’s acquisition of Activision-Blizzard, EA is poised to take its place as the largest independent developer and publisher in the industry. This, of course, led to many questions about whether or not EA itself would one day be acquired.

One of these rumors surfaced in May of last year disk report It has emerged that EA was approached by Comcast CEO Brian Roberts about a potential acquisition – but it fell apart due to disagreements over price and structure.

While EA has repeatedly declined to comment on “rumors and speculation,” CEO Andrew Wilson answered a question about acquisitions during today’s Q1 earnings call and reiterated that he doesn’t think the publisher “could be in a stronger position as an independent company.”

The Activision Blizzard Deal Compared to Other Big Buys

“Our … goal is always to take care of our people, our players and our shareholders,” he said. “If there’s a way to do it differently than what we’re doing today, I certainly have to be open to that, but I would tell you today that we feel very confident and excited about our future.”

It was indeed a successful quarter for EA, with F1 22 sales up double-digits over last year’s F1 and total net income of $1.78 billion (up from $1.55 billion year-on-year) largely driven by live service games – now that its business has It represents more than 70%. And unlike a number of its peers, it doesn’t seem overly affected by delays (or at least a public-facing pile). In fact, his the next three quarters look quite promising Among the Dead Space remake, all the usual sports games, Super Mega Baseball and two other unannounced games coming in early 2023.

However, it should be noted that this is some kind of public statement that almost every CEO has made regarding recent acquisitions. Ubisoft also said thisand So is Take-Two. Phrases like these are pretty standard when faced with acquisition questions, as they both protect the CEO from lying if an acquisition is actually being discussed, and also don’t invite too much speculation given the many legal and business reasons executives can’t confirm. or decline until the deal is almost closed.

what else Companies like EA are constantly discussing acquisitions, both in terms of what they might want to achieve and whether or not. Conversations are held several times a year; they usually fail because the two parties, more often than not, cannot fully agree on a deal that works for both.

Will EA be bought one day? Maybe, maybe not. What’s certain is that it will continue to be rejected with offers, while also making offers of its own, and with the Activision-Blizzard tie-up, EA is in one of the best positions in the industry to make deals or cut an extremely lucrative one.

Rebekah Valentine is a news reporter for IGN. You can find him on Twitter @duckvalentine.

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