June 19, 2007 |
Electronic Arts Inc., the world's largest video game maker, reorganized its businesses into four divisions to focus on key game categories. The units are EA Sports, EA Games, EA Casual Entertainment and the Sims, Redwood City, Calif.-based Electronic Arts said. The change comes as Electronic Arts tries to expand its casual games business to attract fans of Nintendo Co.'s top-selling Wii console.
December 21, 2005 |
Top video game maker Electronic Arts Inc. said quarterly profit and revenue would be "well below" earlier estimates because of lackluster holiday sales. Its shares fell 2%. Redwood City, Calif.-based Electronic Arts did not give specific numbers, but the company previously expected a third-quarter profit, excluding some charges, of $1.18 to $1.28 a share on revenue of $1.48 billion to $1.58 billion. The company's shares fell 2% in extended trading to $52.02. The stock rose more than 1.
December 15, 2004 |
Shares of Electronic Arts Inc., the country's largest video game publisher, climbed on news that it had gained exclusive rights to use National Football League teams and players in its video games. EA, maker of the popular "Madden NFL" franchise, said late Monday that it had signed five-year agreements with the NFL and the NFL Players' Assn. Terms weren't disclosed. The stock of the Redwood City, Calif., company rose $3.04, or 5%, to $60.61 on Nasdaq.
February 13, 2007 |
Electronic Arts Inc. bought privately held SingShot Media, creator and operator of an online karaoke site, in a bid to bolster music-focused, user-generated content in its games. The Redwood City, Calif.-based video game publisher didn't disclose financial terms of the deal, which closed last week. SingShot users can post renditions of their favorite songs, share them with friends, customize their recordings with photos and videos and have their work rated by peers.
February 17, 1994 |
Broderbund Software Under SEC Investigation: The Novato, Calif.-based company is the target of an "informal inquiry" by the Securities and Exchange Commission for trading the day before it announced it was being acquired by Electronic Arts Inc., a company spokeswoman said. SEC officials declined to comment. Shares of the largest U.S. publisher of educational software rose about 22% in the three days of trading before acquisition plans were announced Feb.
February 17, 2005 |
French video game maker Ubisoft Entertainment and U.S. rival Electronic Arts Inc. said they were in discussions, prompting speculation that the French company could be an acquisition target. "I would not say there's negotiations taking place, but we are having the kind of dialogue that you would expect of a large shareholder with the company," said Jeff Brown, a spokesman for Redwood City, Calif.-based Electronic Arts, a major shareholder in Ubisoft.