Glu Mobile has officially joined Electronic Arts. The entire transaction cost the company $2.4 billion. Thus, a major publisher plans to significantly expand and strengthen its mobile direction.Glu Mobile’s business was valued at $2.1 billion, but the studio had another $364 million in its accounts.

The gaming market continues to consolidate. Electronic Arts becomes the owner of Glu Mobile. The business was valued at $2.1 billion. However, the company accounts for $364 million. So the whole deal will cost electronics $2.4 billion.

Glu Mobile reported results for the third fiscal quarter of 2020 (ended September 30). The company not only showed record revenue, but also managed to finish the period with a profit.Overall figures for the third quarter

Glu Mobile, which produces a game about home improvement Design Home, has added a store of real interior items to its project. Now players will be able to buy accessories for their home and receive in-game currency for them.The online store was named Design Home Inspired.

A new blockbuster has appeared in the Glu Mobile library. The company has finally officially released Disney Sorcerer’s Arena – a battler in which the Little Mermaid and the Black Cloak fight each other.

China’s Tencent has reduced its stake in Glu Mobile. The corporation’s share in the developer decreased from 21.5% to 14.46%.

The American developer Glu Mobile has discovered a new mobile direction — a social casino. The studio has released slots in the USA, Canada and Australia called Real Celebrity Slots.

The last years of the developer Kim Kardashian: Hollywood were not the most successful. At least since the end of 2016, Glu Mobile has not had a quarter that would not end in losses. But the situation may change very soon.

Glu Mobile will release a free-to-play mobile game in collaboration with Disney. The project was headed by Glu Vice President Mike Olsen. The new title will feature characters from the Disney and Pixar animation franchises.

Every additional dollar spent on G5 and Glu Mobile advertising in 2017 brought companies an additional $4 in sales.

Wanted: senior server programmer in the former Moscow office of Glu Mobile, head of marketing analytics at Game Insight and head of the traffic buying team at Wargaming.

The first major deal of 2018. The Moscow division of Glu Mobile in full force goes under the wing of Saber Interactive. The total amount of the entire transaction is estimated at $2.8 million.

Wanted: mobile marketer at Playkot, marketing analyst at Game Insight, head of graphic design at Glu Mobile and release engineer at Social Quantum.

Glu Mobile company will replenish the portfolio of mobile games about celebrities with a new title The Swift Life, dedicated to American singer Taylor Swift.

The daily audience of the Design Home Design application of the mobile developer Glu Mobile has reached one million users.

Mobile developer Glu Mobile has closed a branch in the California city of Long Beach and laid off some of the staff of the head office in San Francisco. As a result, 46 people lost their jobs.

Quarterly revenue of the Glu Mobile Mobile publishing house increased by 42% to $68.7 million compared to the same period last year. The main driver of growth was the mobile simulator of the interior designer Design Home.

Mobile developer Glu Mobile has partnered with WWE to develop a game licensed by the WWE wrestling franchise.

For the first quarter of 2017, the revenues of Glu Mobile, known by Kim Kardashian: Hollywood, amounted to $56.8 million, but it is still in the red.