NEWS - Wednesday, September 23, 2009


Microsoft Looking To Acquire EA

 

"There’s talk that Microsoft might be interested in acquiring Electronic Arts. It’s unsubstantiated chatter, but it’s out there," Frederic Ruffy, an options strategist at WhatsTrading.com in New York, told Reuters.

A London-based trader is also said to have cited similar talk doing the rounds in Europe.

Despite the chatter, Global Equities Research analyst Trip Chowdhry said that EA was not on Microsoft’s "radar screen" according to his industry contacts.

And Cowen and Company analyst Doug Creutz said in a note that the likelihood of Microsoft acquiring EA “is inconsequentially low”.

“EA derives over 30 per cent of its revenue from the Sony PS2 and PS3 and Nintendo Wii platforms, which would almost certainly disappear in the event of a Microsoft acquisition, since presumably the point of the acquisition would be to secure EA.s products as Xbox 360 platform exclusives,” he wrote. “EA derives another 10 per cent of revenue from the Sony PSP and Nintendo DS, which would conceivably also be at risk in the event of a Microsoft acquisition.

“In our view there is simply no way that Microsoft could make the math work due to the massive hit to EA’s revenue and earnings post-acquisition. This is even assuming such a deal would pass regulatory muster, which we find highly doubtful.”

EA has a market value of $6.5 billion and is frequently named by traders as a target for Walt Disney and Time Warner.

Rumors that a major media company is planning to make a bid for UFC and Saints Row publisher THQ saw the firm’s shares jump 13 per cent on Tuesday.


Source: http://www.edge-online.com/

Site Statistics

Registered Members: 82,320
Forum Posts: 725,970
Xbox One Titles: 6,501
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,633
Member Reviews: 10,339
News Articles: 16,560
Screenshots: 39,733
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News




Bulwark: Evolution Out Now on Consoles

Bulwark: Evolution Out Now on ConsolesThis major free update, which has already been successfully launched on Steam, brings a new layer of depth, strategy, and innovative gameplay mechanics to the immersive world of Bulwark: Falconeer Chronicles.


Thrustmaster Unveils T.Flight Hotas One

Thrustmaster Unveils T.Flight Hotas OneThrustmaster’s best-seller is back with a new look featuring the official license of Microsoft Flight Simulator. This complete, precise and easy-to-use hands- on throttle and stick (HOTAS) is the ideal companion for Microsoft Flight Sim 2024




See News Archives

Community Forum Activity

KeyWe Giveaway!
Post by Variation-XBA
0 Replies, 39905 Views

2021: XBA is still here
Post by shrew king
41 Replies, 320303 Views

Watch Dogs: Legion
Post by Nato King
0 Replies, 143416 Views

Xbox Series X or S
Post by Nato King
5 Replies, 168565 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 143009 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 173386 Views

Xbox one no signal
Post by debrartin
0 Replies, 158666 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 244574 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 207685 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 290000 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 163121 Views

Squad Up
Post by samslophead
0 Replies, 301915 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 192629 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 335210 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 179001 Views

© 2000-2025 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics