Amazon reportedly acquiring EA with official announcement soon but contradictory reports emerge × Follow Us Create Notifications New User posted their first comment this is comment text Link Approve Reject & ban Delete Log in Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Gaming Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout Esports & Gaming Rumors Amazon reportedly acquiring EA with official announcement soon but contradictory reports emerge By Arka "Biasedguy" Sarkar Modified 26 Aug 2022 Follow Us Comment Share A major announcement can come out later today according to widespread rumors (Images via EA, Amazon) EA and Amazon's bond with each other could get stronger very soon if the rumors circling on social media are to be believed. There have been strong rumors about the former looking for a potential buyout option. According to GLHF sources, a change of hands could happen later in the day. However, contradictory reports have stated that Amazon isn't expected to make a bid, which has left many in limbo. 2022 has been a year of acquisitions and takeovers as far as the gaming industry is concerned. It all started with Microsoft's potential acquisition of Activision Blizzard, which is still in the process. PlayStation followed it up with a quickfire acquisition of Bungie, and who can forget the Embracer Group's purchase of multiple video game companies and IPs? Nibel@NibellionRumor: Amazon will announce the acquisition of EA today according to GLHF sourcesftw.usatoday.com/2022/08/amazon…2888724Rumor: Amazon will announce the acquisition of EA today according to GLHF sourcesftw.usatoday.com/2022/08/amazon… https://t.co/ARH4AN3Ilp There have been long rumors about Electronic Arts finding a solution for some time now. They have been seeking extra force to lift them along with Ubisoft. If the rumors are to be believed, Amazon could be that layer of support the company has been looking for. While it's not officially confirmed yet, the acquisition won't be surprising, considering who is involved. Amazon could hand EA a much-needed lifeline despite contradictory rumors Rumors regarding EA's prospective acquisition have been doing the rounds for some time. Disney was considered by many to be a healthy option, but it didn't materialize. Given Amazon's interest and pursuits in gaming, they were also thought to be in the loop. Nibel@NibellionA possible EA acquisition has been talked about in May this year: back then Apple, Amazon and Disney came up as possible suitors9to5mac.com/2022/05/23/app…49450A possible EA acquisition has been talked about in May this year: back then Apple, Amazon and Disney came up as possible suitors9to5mac.com/2022/05/23/app… https://t.co/5V8byQXB9h If GLHF sources are to be believed, an official announcement will be made later today to formally declare the acquisition. Not much is known aside from this, and unless there's official confirmation, more details are unlikely to be out. Interestingly, CNBC sources have reported that there won't be any bids coming. CNBC Now@CNBCnowAmazon 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."377212Amazon 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." https://t.co/k7wk0Fy7xv This could be done to prevent an increase in the share price, which might put the bidders in jeopardy. There has already been a price increase in EA's shares following the emergence of the rumors, and the company would want the acquisition to happen. It will undoubtedly be interesting to see whether or not the acquisition ultimately happens. Even if the deal fails, it could be beneficial to both parties who are involved. EA hasn't seen the best of times in recent years, although it's financially stable. Several franchises have been hit with staunch criticism from fans, which has seen the company seek alternative strategies for the future. PlayerIGN@PlayerIGNAmazon is our next Big Tech to acquire big name gaming companies— EA.Microsoft - Activ. BlizzardAmazon - EAApple - ???Google - ???Meta (formerly Facebook) - ??? twitter.com/geoffkeighley/…Geoff Keighley@geoffkeighleyUSA Today is reporting that Amazon is about to acquire Electronic Arts, with the deal to be announced today.ftw.usatoday.com/2022/08/amazon…41USA Today is reporting that Amazon is about to acquire Electronic Arts, with the deal to be announced today.ftw.usatoday.com/2022/08/amazon…Amazon is our next Big Tech to acquire big name gaming companies— EA.Microsoft - Activ. BlizzardAmazon - EAApple - ???Google - ???Meta (formerly Facebook) - ??? twitter.com/geoffkeighley/… A potential acquisition would indeed be advantageous for both. Amazon will directly own the rights of some of the great franchisees, which can be aligned with their vision for Prime Video. Recently, several movies and TV shows based on video games have come to the fore. For the other party, it will be a handy injection of cash and an influx of solid networks. Given Jeff Bezos' company's leverage in the global market, it could benefit EA in multiple ways. Poll : 0 votes Quick Links More from Sportskeeda Edited by R. Elahi × Feedback Thank You! Be the first one to comment Follow Us Share Show More Comments GIF Comment in moderation 0 0 Reply x Edit Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ GIF Comment in moderation 0 0 Reply x Edit Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ Be the first one to comment on this story More from Sportskeeda Fetching more content... 1 Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Gaming Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout No Results Found Get the free App now Manage notifications Popular ‍ Sports (30+) CricketCricket HomeCricket NewsScheduleIND vs SAAUS vs WIENG vs PAKLegends LeagueECC T10County ChampionshipBukhatir LeagueNZ T20 Tri-SeriesWomen's Asia Cup 2022Japan Cricket LeagueWI-W vs NZ-WECT10T20 World Cup FootballFootball HomeNewslettersSK Experts ScheduleEPLNations LeagueLa LigaLigue 1Champions LeagueFIFA WCMLS Bundesliga Serie A WWEWWE HomeNewslettersRumor RoundupRAWSmackDownResultsRosterChampionsWWE Extreme Rules 2022PPV ScheduleAEW EsportsEsports HomeMinecraftOverwatch 2RobloxGenshin ImpactFortniteGTAStreamersFree FirePUBGValorantBGMIPop CultureAnimeGaming TechWiki Guides TennisTennis HomeTennis calendarChina OpenTennis Results TodayATP RankingsWTA RankingsRoger FedererRafael NadalNovak DjokovicSerena Williams MMAMMA HomeUFC NewsONE ChampionshipUFC Fight NightScheduleRankingsResultsUFC Fights TonightONE Championship ResultsONE Championship ScheduleONE Championship Rankings KabaddiKabaddi HomePKL 2022PKL SchedulePKL Points TableKabaddi Rules WikiWiki HomeMinecraft WikiNaruto WikiTikTok WikiYoutube WikiGTA WikiTerraria WikiOne Piece Wiki MoreSportsBasketballIndian FootballNFLMinecraftFormula 1NascarPop CultureCollege FootballHockeyGolfAthleticsBadmintonGymnasticsWrestlingSwimmingTennisShootingBoxingArcheryWinter SportsRobloxSkateboardingKho KhoLifestyle LINKS About Us Write For Us Policies Editorial Standards Journalism Awards Fact Check Affiliate Program Careers CSR Privacy Policy Contact Us Edition: English हिन्दी