Israeli Group Adds to EA's Focus on Advanced Technologies
REDWOOD CITY, Calif.--(BUSINESS WIRE)--
Electronic Arts Inc. (NASDAQ: EA) announced today it has acquired the
cloud gaming technology assets and personnel of a wholly owned
subsidiary of GameFly, Inc. Based in Israel, the acquired technology and
team members deepen EA's capabilities and expertise in cloud gaming, and
enable the company to continue exploring new ways for players to access
and experience games from any device.
"Cloud gaming is an exciting frontier that will help us to give even
more players the ability to experience games on any device from
anywhere," said Ken Moss, Chief Technology Officer of Electronic Arts.
"We're thrilled to bring this talented team's expertise into EA as we
continue to innovate and expand the future of games and play."
Cloud gaming opens up new possibilities to expand the reach of games by
streaming high-quality entertainment to more players, on more devices,
in more geographic regions of the world. With this acquisition, EA is
adding to its strategic focus on advanced technologies that will give
players more freedom to access the games they want, and enable the
delivery of next-generation experiences at scale.
The team based in Caesarea, Israel, will join EA's functional teams,
including the central technology organization that is responsible for
developing and operating the cutting-edge platform that powers EA's
leading games and services.
The acquisition closed in May 2018.
About Electronic Arts
Electronic Arts (NASDAQ: EA) is a global leader in digital interactive
entertainment. The Company develops and delivers games, content and
online services for Internet-connected consoles, mobile devices and
personal computers. EA has more than 300 million registered players
around the world.
In fiscal year 2018, EA posted GAAP net revenue of $5.15 billion.
Headquartered in Redwood City, California, EA is recognized for a
portfolio of critically acclaimed, high-quality brands such as The
Sims™, Madden NFL, EA SPORTS™ FIFA, Battlefield™, Need for Speed™,
Dragon Age™ and Plants vs. Zombies™. More information about EA is
available at www.ea.com/news.
EA SPORTS, Battlefield, The Sims, Need for Speed, Dragon Age, and Plants
vs. Zombies are trademarks of Electronic Arts Inc. NBA, John Madden, NFL
and FIFA are the property of their respective owners and used with
permission. STAR WARS © & TM 2017 Lucasfilm Ltd. All rights
reserved
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Electronic Arts
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Source: Electronic Arts Inc.
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