Deals

Electronic Arts to Buy Golf Clash Maker for $1.4 Billion

Warner Bros. Games sells Playdemic as part of strategic shift
Analyst says ‘desperate’ acquisition comes at a high premium

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By John J Edwards and Olga Kharif

June 23, 2021 at 1:21 PM UTC

Updated on

June 23, 2021 at 3:22 PM UTC

This article is for subscribers only.

Video-game giant Electronic Arts Inc. agreed to buy Playdemic Ltd., maker of the Golf Clash mobile game, from AT&T Inc.’s Warner Bros. Games for $1.4 billion in cash.

The Playdemic acquisition is part of EA’s mobile growth strategy, in which it has built a stable of more than 15 live services in an array of game categories, the company said in a statement Wednesday. Golf Clash, in which players around the world can compete in real time, has had more than 80 million global downloads.