http://news.google.com/url?sa=t&ct=...tory.php?storyid=2787&scatid=1&contid=3&cid=0
Electronic Arts Inc. (EA) has completed its acquisition of JAMDAT Mobile Inc., making it the world's leading wireless entertainment publisher. EA had announced in December 2005 that it would acquire JAMDAT for approximately $680 million, or $27 a share in cash.
Mitch Lasky, JAMDAT Chairman and Chief Executive Officer, has been named Senior Vice President of EA Mobile and will oversee its global operations. Michael Marchetti has been named Vice President and Chief Operating Officer of EA Mobile.
"We welcome the JAMDAT team into the EA family with great enthusiasm. Bringing the talent, technology and expertise of the world's leading mobile entertainment publisher into EA is a win for game players and positions our company for further growth in this important market," said EA Chairman and Chief Executive Officer Larry Probst.
"Today is a great day for mobile game players worldwide. The EA Mobile portfolio of titles now features the best in class of leisure, sports and action games - all built on state-of-the art technology. Our combined management, sales and creative teams will allow us to innovate and grow the mobile games category worldwide," said Lasky.
EA had announced that the two companies planned to publish over 50 games for mobile phones in the first twelve months following the completion of the acquisition, including popular titles like Tetris, Bejeweled, JAMDAT Bowling, Need For Speed, EA SPORTS Madden NFL Football and EA SPORTS FIFA Soccer.
JAMDAT, which is headquartered in Los Angeles, has roughly 350 employees in locations around the world, including Honolulu, Montreal, Tokyo, London, Bucharest and Hyderabad.
Electronic Arts Inc. (EA) has completed its acquisition of JAMDAT Mobile Inc., making it the world's leading wireless entertainment publisher. EA had announced in December 2005 that it would acquire JAMDAT for approximately $680 million, or $27 a share in cash.
Mitch Lasky, JAMDAT Chairman and Chief Executive Officer, has been named Senior Vice President of EA Mobile and will oversee its global operations. Michael Marchetti has been named Vice President and Chief Operating Officer of EA Mobile.
"We welcome the JAMDAT team into the EA family with great enthusiasm. Bringing the talent, technology and expertise of the world's leading mobile entertainment publisher into EA is a win for game players and positions our company for further growth in this important market," said EA Chairman and Chief Executive Officer Larry Probst.
"Today is a great day for mobile game players worldwide. The EA Mobile portfolio of titles now features the best in class of leisure, sports and action games - all built on state-of-the art technology. Our combined management, sales and creative teams will allow us to innovate and grow the mobile games category worldwide," said Lasky.
EA had announced that the two companies planned to publish over 50 games for mobile phones in the first twelve months following the completion of the acquisition, including popular titles like Tetris, Bejeweled, JAMDAT Bowling, Need For Speed, EA SPORTS Madden NFL Football and EA SPORTS FIFA Soccer.
JAMDAT, which is headquartered in Los Angeles, has roughly 350 employees in locations around the world, including Honolulu, Montreal, Tokyo, London, Bucharest and Hyderabad.