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Electronic Arts Wraps Up Acquisition of Glu Mobile


On Thursday, Electronic Arts (NASDAQ: EA) significantly ramped up its mobile-game development business. The company announced that its latest major acquisition, for Glu Mobile, has closed.

That deal was reached in February. Under its terms, Electronic Arts agreed to acquire Glu Mobile in an all-cash deal for $2.1 billion in enterprise value. 

Image source: Getty Images.

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Source Fool.com

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