EA CEO Responds To Acquisition Rumors: ‘We Couldn’t Be In A Stronger Position As A Standalone Company’

With the finalization of Activision-Blizzard’s acquisition by Microsoft imminent, EA is on the cusp of taking its place as the most important main standalone developer and writer within the trade. Which after all has sparked loads of questions on whether or not or not EA itself may at some point be acquired.

One of these rumors cropped up final May in a Puck report that exposed EA had been approached by Comcast CEO Brian Roberts a couple of potential acquisition — but it surely fell aside resulting from disagreements over worth and construction.

Although EA has repeatedly declined to touch upon “rumors and hypothesis,” CEO Andrew Wilson did reply a query as regards to acquisitions throughout right now’s Q1 earnings name, reiterating that he did not assume the writer may “be in a stronger place as a standalone firm.”

Activision Blizzard Deal Compared to Other Major Acquisitions

“Our…goal is at all times to maintain our folks, our gamers, and our shareholders,” he continued. “Should there ever be a manner for us to try this otherwise than the way in which we’re doing it right now, I after all need to be open to that, however I might inform you right now we really feel very assured and excited for our future. “

It was certainly a profitable quarter for EA, with F1 22 gross sales up double-digits in comparison with F1 final 12 months, and total internet income of $1.78 billion (up from $1.55 billion year-over-year) largely pushed by reside service video games — which now characterize over 70% of its enterprise for the final 12 months. And in contrast to a lot of its fellows, it does not appear to have been overly impacted by delays (or at the least not a pile of public-facing ones). In truth, its subsequent three quarters are trying pretty promising between the Dead Space remake, all the same old sports activities video games, Super Mega Baseball, and two different unannounced video games coming in early 2023.

It’s price noting, nonetheless, that that is the type of boilerplate assertion that just about each CEO has made relating to acquisitions of late. Ubisoft has stated as a lot, and so has Take-Two. Statements like this when confronted with acquisition questions are fairly normal, as they each preserve the CEO from truly mendacity if an acquisition is being mentioned, but additionally do not invite an excessive amount of hypothesis given the quite a few authorized and enterprise the explanation why executives cannot affirm or deny till the deal is sort of sealed.

What’s extra, corporations like EA are consistently discussing acquisitions, each by way of what they may need to purchase, and whether or not or not they could possibly be acquired. Conversations occur a number of instances a 12 months; they only normally fall via as a result of the 2 sides most of the time cannot absolutely agree on a deal that works for them each.

Will EA at some point be acquired? Maybe, possibly not. What’s sure is that it’ll probably proceed to be approached with presents whereas additionally making presents of its personal, and with Activision-Blizzard snapped up, EA is in probably the greatest positions within the trade to both refuse offers, or minimize a particularly profitable one.

Rebekah Valentine is a information reporter for IGN. You can discover her on Twitter @duckvalentine.

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