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Amazon is set to announce its acquirement of Electronic Arts (EA). The deal will mean Amazon would be a heavy hitter in the gaming industry, owning iconic franchises such as Apex Legends, Battlefield, FIFA, The Sims and more.
The news comes from For The Win, reported on behalf of GLHF, who expects the announcement to be made later today.
Update: 26 Aug 2022, 10:30PM
CNBC is now reporting that there is no plans for Amazon to acquire EA.
Amazon is not going to make a bid for Electronic Arts, sources tell CNBC's @DavidFaber. Shares of $EA surged earlier on a report citing a "rumor." pic.twitter.com/k7wk0Fy7xv— CNBC Now (@CNBCnow) August 26, 2022