Meanwhile, the Glu Mobile is growing into FIFA Mobile Coins a leading mobile game producer, pushed by strong results from its top three franchises -- Design Home, Tap Sports Baseball, and Covet Fashion.

Together with the accession of Glu Mobile, EA is going to have big and growing cellular company producing $1.32 billion in reservations. That includes over 100 million monthly gamers on cellular, bringing EA's international reach throughout computers, games, and cellular platforms to 430 million players.

There are lots of synergies between these two game manufacturers. Glu Mobile's staff, headed by former Electronics veteran Nick Earl, has proven quite adept at producing, testing, and launching titles across numerous genres, including role-playing, sports, and lifestyle games. Harness Sports Baseball has been a hit for the company, growing from about $4 million of bookings in 2014 to over $90 million in 2019.

A freezer of fresh games.The development pipeline at Glu Mobile looks quite promising. It's new names set to start soon, including Harness Sports Fishing, Deer Hunter World, along with an upgraded version of Harness Sports Baseball for your 2021 season. EA intends to deliver Tap Baseball to fresh countries with its own licensing expertise from EA Sports.There can also be Table & Flavor, a brand new lifestyle sport, in addition to a selection of hyper-casual games launching from Glu's Crowdstar studio. What's more, Glu Mobile could bring new ideas to EA about ways to decorate certain names. The company reported seeing favorable early outcomes from this initiative around the very last earnings call.

Growing at an unbiased price.It's always worth checking the cost that a provider is paying as it declares a significant acquisition. As Warren Buffett has said,"Price is what you pay, value is what you receive." Across three popular valuation metrics, Glu Mobile looks just like a fantastic value in the video game industry.EA is paying $12.50 a share in money to buy FUT Coins shareholders, which puts the latter's most price-to-free money flow multiple at 47.