Digital Arts CEO Andrew Wilson has mentioned that his firm stays “detached” to the Microsoft Activision deal, and gained’t be impacted by the merger going by or being blocked. Based on Wilson, EA is able to stay the primary writer on consoles.
Microsoft Activision deal is “not likely materials” to EA
Wilson was quizzed by traders about what has been one of many main developments within the video video games trade over the previous 12 months. He responded by saying that he isn’t allowed to touch upon the matter, however is ready to verify that the deal gained’t have any affect on EA.
“Whether or not that deal goes by or not is just not actually materials to us, broadly,” Wilson mentioned, in keeping with a transcript shared by SeekingAlpha. “Because it stands as we speak, I feel that we’re detached as as to whether that goes by or not.”
Wilson reassured traders that EA is in a powerful place to proceed being a number one writer and is provided to navigate any future adjustments no matter whether or not Microsoft efficiently appeals U.Ok.’s determination to dam the merger or not.
Wilson believes that the video games trade will see extra consolidation exercise going ahead, and expressed his need for EA to change into a “significant consolidator.”