EA acquires Glu Mobile for $2.1 billion; Eyes mobile games
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The Katamari Damacy of the corporate world has assimilated yet another burgeoning video game studio. Electronic Arts has paid a whopping $2 billion for Glu Mobile. The mobile game developer has created successful franchises, such as Kim Kardashian: Hollywood, amassing 42 million downloads within two years. The acquisition gives the PC and console video game publisher serious credentials in the rapidly growing mobile space.