According to the New York Post, EA may be “quietly exploring” the idea of selling the company.
Sources told the publication that private-equity companies KKR and Providence Equity Partners have approached EA about possibly selling up, but it’s early days at the moment.
EA’s share price has dropped rather substantially over the past few years. Despite the fact it’s leading the way in terms of digital growth — compared to other big publishers — the stunted growth at retail has some investors losing faith.
It’s also worth noting that Vivendi, earlier this year, also looked into offloading its 61% share in Activision Blizzard.
I find it interesting, since it was always my impression that EA was the best positioned publisher in terms of transitioning towards digital. The sale, of course, doesn’t necessarily signal disaster for EA, but it is becoming increasingly clear that almost all of the traditionally major publishers are doing it tough at the minute.
Videogame maker EA attracting PE interest [New York Post]