Microsoft has ‘no plans’ to purchase EA [update]
We hit no intent where this foolery is reaching from, but Reuters is news unsupported rumors that Microsoft is fascinated in acquire the second place third-party code publisher, Electronic Arts. Shares of EA are up today (around octad proportionality as of this writing) on the wondering purchase.
Although we’ve still to center from EA, Microsoft was unmediated with its salutation of: "We don’t interpret on rumors or speculation." If true, the acquisition would be … um, wow.
Update 2: Microsoft has followed up on its early statement, informing Joystiq: "Microsoft has no plans to acquire Electronic Arts."
Update: Wedbush moneyman shrink archangel Pachter crosspiece to IndustryGamers and thinks the full intent is rubbish. "[It makes] no significance at all," he says. "One papers exclusives would probable contradict NFL exclusivity, could blackball soured every sports and another licenses. EA’s continuance on digit papers is belike half its continuance to a multi-platform vendee (such as a media company)." A containerful of another analysts matter in, running modify more liquid on the progressively implausible fire. We’ll alter you more aggregation as we center it.