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EA buys Playdemic from Warner Bros Games for US$1.4 billion

Videogame developer Electronic Arts said on Wednesday it had bought Playdemic Ltd, the mobile games studio responsible for "Golf Clash", from Warner Bros Games for US$1.4 billion in cash.

FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, o
FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson/File Photo GLOBAL BUSINESS WEEK AHEAD
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REUTERS: Videogame developer Electronic Arts said on Wednesday it had bought Playdemic Ltd, the mobile games studio responsible for "Golf Clash", from Warner Bros Games for US$1.4 billion in cash.

(Reporting by Eva Mathews in Bengaluru; Editing by Sriraj Kalluvila)

Source: Reuters