Microsoft Denies Plans to Acquire Game Publisher Electronic Arts.
Microsoft Corp. on Thursday said it had no intentions to acquire Electronic Arts, a leading video game publisher. While the acquisition would allow Microsoft to grab numerous game franchises and make them exclusive for Xbox 360 and Windows-based personal computers, the deal would hardly provide adequate return on investment.
“We have no plans to acquire EA. They remain a very important partner to us. No acquisitions,” said Phil Spencer, corporate vice president of Microsoft Game Studios, in an interview with Reuters news-agency.
At press time market capitalization of Electronic Arts was $6.24 billion, which is a lot of money even for the world’s largest maker of software. The main reason behind success of Electronic Arts is very diverse portfolio of video games that are aimed at numerous game consoles as well as personal computers.
