Tristan Brown~~Lori Lesser~~Corina Holland~~Sophie Staples~~Sara Razi~~Nicholas Ingros
January 24, 2026
Electronic Arts to Acquire Glu Mobile

1 min
AI-made summary
- Simpson Thacher is advising Electronic Arts Inc
- (EA) in its definitive agreement to acquire Glu Mobile Inc
- for $12.50 per share in cash, valuing Glu at $2.4 billion in equity and $2.1 billion in enterprise value, including Glu's net cash of $364 million
- The transaction is expected to close by June 30, 2021, pending Glu stockholder approval, regulatory approvals, and customary closing conditions.
Simpson Thacher is representing Electronic Arts Inc. (NASDAQ: EA) in connection with its entry into a definitive agreement to acquire Glu Mobile Inc. (NASDAQ: GLUU). Under the terms of the agreement, Glu stockholders will receive $12.50 in cash for each share of Glu stock, representing an equity value of $2.4 billion and a total enterprise value of $2.1 billion including Glu's net cash of $364 million. The transaction is expected to close in the quarter ending June 30, 2021 and is subject to approval by the Glu stockholders, the receipt of required regulatory approvals and other customary closing conditions.~~Electronic Arts is a global leader in digital interactive entertainment. The company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. EA is recognized for a portfolio of critically acclaimed, high-quality brands such as “EA SPORTS,” “FIFA, Battlefield,” “Apex Legends,” “The Sims,” “Madden NFL,” “Need for Speed,” “Titanfall” and “Plants vs. Zombies.”~~Glu Mobile is a leading developer and publisher of mobile games. Glu’s diverse portfolio features top-grossing and award-winning original and licensed IP titles including, “Covet Fashion,” “Deer Hunter,” “Design Home,” “Diner DASH Adventures,” “Disney Sorcerer’s Arena,” “Kim Kardashian: Hollywood” and “MLB Tap Sports Baseball” available worldwide on various platforms including the App Store and Google Play.~~The Simpson Thacher team includes Kirsten Jensen, Mark Underwood, Usman Arain and Michaela Dion (M&A); Tristan Brown and Patricia Adams (Executive Compensation and Employee Benefits); Lori Lesser, Corina McIntyre and Bobbie Burrows (Intellectual Property); Sophie Staples (Tax); and Sara Razi and Nicholas Ingros (Antitrust).
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Tristan Brown~~Lori Lesser~~Corina Holland~~Sophie Staples~~Sara Razi~~Nicholas Ingros
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