2 posts and columns on ERTS

Electronic Arts to Sack 1,500

in News on November 9, 2009 at 2:06 pm PT

Reporting a second-quarter loss that widened thanks to a weak videogame market, Electronic Arts today said it will cut 1,500 jobs by early next year as part of a restructuring effort aimed at trimming at least $100 million in costs. This after announcing plans this morning to acquire social network game maker Playfish for $400 million.
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EA Hooks Playfish

in News on November 9, 2009 at 9:34 am PT

Electronic Arts is betting big on social gaming. This morning, the videogame publisher said it will acquire social network games maker Playfish for $400 million. An interesting move given that the company’s leadership dismissed rumors of such a deal just last month.
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