Gamespot and and a number of other media outlets have picked up on a portion of a speech from Electronic Arts CFO Blake Jorgensen that was made at the recent Global Technology Conference in San Fransisco. In typical click bait fashion, many sites are latching on to a single comment about acquiring companies in a larger presentation that touches on everything from DLC, digital distribution, mobile strategy and micro transactions. What things like the Star Wars IP allow them to do, how to reach new markets and what to do with their over-a-billion-dollars profit this year are also discussed. While no one forgives the company for dithering away the Wing Commander games, it's also true that EA's money helped make blockbusters like WC3&4 possible. It's interesting to see their perspective on it. Have a listen to get the full story.
"[We're also] always looking at potential acquisitions. Our history obviously with acquisitions has been spotty at best, so I would say there is an extra level of caution around that," he said. "We also believe we have the ability to do it ourselves in many cases, or hire people to do it. So we're careful about acquisitions. But we're going to continue to look for those opportunities and having a strong base globally allows us to be able to do that."