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Huge rise in revenues for EA's mobile division

Jamdat acquisition pays off for publishing giant

Electronic Arts has published its latest financial report for the quarter ending June 30th, revealing a huge rise in revenues for the company's mobile arm.

Overall cellular handset net revenue stands at US$33 million (25.8 million Euro) - up from just US$1 million (780,000 Euro) during the same period last year.

The rise can undoubtedly be attributed to EA's aquisition of mobile game company Jamdat last December in a deal worth US$680 million. Since then EA has greatly increased its presence in the mobile space, with hits including mobile versions of The Sims 2 and FIFA World Cup Germany 2006.

Speaking to MobileIndustry.biz recently, EA's executive producer of mobile studios, Travis Boatman, said the company is open to making further purchases in the future, stating: "I think if the right opportunity were to arise we'd definitely consider other acquisitions key to the growth of the space."

You can read part 1 and part 2 of the interview elsewhere on MobileIndustry.biz.

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