Electronic Arts Discusses Possibility of Studio Acquisitions for the Future
During Electronic Arts’ latest Investor Day, Chief Financial Officer Blake Jorgensen discussed the possibility for the publisher to acquire new studios to add to its portfolio, considering that the business is generating a considerable cash flow.
“Some of you have asked about M&A [Mergers and Acquisitions]. We may do some M&A over time, but this is an industry that’s fairly consolidated already, and so most of these M&A would be small or talent-based M&A versus large acquisitions.
And if there is a large acquisition, trust that we’re going to be very disciplined about how we think about how we think about that, and we’re investing your money, and we think about that that way, and make sure we get a return on it.
So I’m not announcing any acquisition today, no surprise, but I will say that we feel like we’ve earned the right to at least look at things that we hadn’t done before because we now have the model working better.”
It’ll certainly be interesting to see if Electronic Arts is going to go hunting for new studios to add to its already rich portfolio. Fow now, all we can do is to wait and see.