Tag archive: JAMDAT

Electronic Arts yesterday announced they'd an acquisition agreement under which they will take over JAMDAT Mobile, a publisher of wireless entertainment applications. EA will pay $27 per share of common stock and assume outstanding stock options for a total of $680 million. EA and JAMDAT, which will merge with EA's worldwide mobile games operations, will be lead by JAMDAT CEO Mitch Lasky. The combined operation plans to publish… Read More

The news came by means of a filing with the US Securities and Exchange Commission last Friday, in which JAMDAT disclosed its intentions but did not provide details of how many shares would be offered, or what the initial share price would be. JAMDAT is the first major flotation in the mobile entertainment space; the company is a major player in the mobile gaming market, and also distributes ring tones and screen images in 38… Read More