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EA Grows Even Bigger, Takes the Lead in Mobile Games

EA Grows Even Bigger, Takes the Lead in Mobile Games

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EA has announced that it is acquiring mobile game company Jamdat.

The move is the largest consolidation ever in the mobile gaming industry. Jamdat is estimated to be worth around $680 million. EA is paying $27 cash for each share of the company, almost twenty percent over the closing price of the firm last night.

This move will give EA a lead in the mobile game arena. They hope to publish over fifty mobile games in the year following the acquisition.

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