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Rumors Suggest that Amazon is Interested to Acquire Electronics Arts(EA)

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Rumors Suggest that Amazon may Acquire Electronics Arts

A recent story from USA Today’s For the Win suggests that Amazon might be interested in buying Electronic Arts(EA). According to the story, GLHF, a Swedish media outlet that runs For the Win on USA Today, has received information from sources suggesting that Amazon will make a formal acquisition offer for Electronic Arts today.Amazon Electronics Arts

This story comes after months of rumours and stories suggesting that EA was being courted by companies like Disney, Apple, and — yes — Amazon.
The article offers few details other than the announcement that would be made later today. No specifics regarding the payment conditions or anything like that are provided. Amazon Electronics Arts

It’s also important to note that David Faber of CNBC very immediately announced that sources had informed him that Amazon would not actually acquire Electronic Arts. There is currently no information on how much they would be paying, but it is most likely to be in the hundreds of millions to billions of dollars range. Maybe not as many as Microsoft’s acquisition of Activision Blizzard for $68.7 billion, which was made public in January.

Whether or not the acquisition ultimately takes place will surely be interesting to watch. Both parties involved may benefit even if the arrangement doesn’t work out. Despite being financially sound, EA hasn’t had the best of times lately. The corporation is looking at other techniques after receiving harsh criticism from fans for a number of properties

UPDATE: Amazon is reportedly no longer considering an offer for EA, according to CNBC, which considers the GLHF and USA Today story a mere “rumour”. Is it possible that this will be the year’s shortest-lasting takeover tale? But Considering the past turn around u shouldn’t be surprised if things goes around just as rumors.

Read More: Gamescom 2022: Top 10 Major game reveals that you should know about

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