Multimedia & Graphics Software Industry Announced Mergers, Game Launches, and Prestigious Awards - Analyst Notes on Blizzard Entertainment, EA, IGT, Glu, and Giant Interactive Group
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NEW YORK, March 21, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), International Game Technology (NYSE: IGT), Glu Mobile, Inc. (NASDAQ: GLUU), and Giant Interactive Group, Inc. (NYSE: GA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Activision Blizzard, Inc. Analyst Notes
On March 11, 2014, Activision Blizzard, Inc. (Blizzard) announced the launch of its free-to-play digital card game, Hearthstone: Heroes of Warcraft. According to the Company, Hearthstone is now available on Mac and PC, with iPad support coming soon. In addition, Blizzard said that it is developing versions for the Android device, iPhone, and Windows tablet, which will be available to consumers in the future. The full analyst notes on Activision Blizzard, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/ATVI/report.pdf
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Electronic Arts Inc. Analyst Notes
On March 11, 2014, Electronic Arts Inc. (Electronic Arts) along with independent videogame developer Respawn Entertainment announced that Titanfall, a next-generation videogame, is now available at retail stores across North America exclusively for Xbox One, the all-in-one entertainment system from Microsoft and on Origin.com for PC. According to the Company, since the game was unveiled in June 2013, Titanfall has seized the attention of gamers around the world with its exhilarating first-person action gameplay centered on the dynamic between elite assault pilots and agile, heavily-armored, 24-foot titans. Electronic Arts said that the game has been praised by critics and fans for delivering a unique, fun and thrilling experience while setting a new bar for online multiplayer gameplay. The full analyst notes on Electronic Arts Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/EA/report.pdf
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International Game Technology Analyst Notes
On March 17, 2014, International Game Technology (IGT) announced that it has been honored with the Supply Chain Leadership Award in the 2014 Manufacturing Leadership (ML) Awards program. The Company said that the Supply Chain Leadership Award acknowledges IGT's achievements in delivering the best-in-class manufacturing process to assemble its BC20, the industry-leading Electronic Gaming Machine (EGM) cabinet designed for Australian and New Zealand gaming jurisdictions. As part of a re-shoring strategy that brought all BC20 manufacturing to IGT's Reno facility, the Company said that it has been rewarded with a 55% internal rate of return and 50% decrease in landed costs compared to the expense of outsourcing manufacturing abroad. The full analyst notes on International Game Technology are available to download free of charge at:
http://www.AnalystsReview.com/03212014/IGT/report.pdf
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Glu Mobile, Inc. Analyst Notes
On March 6, 2014, Glu Mobile, Inc. (Glu) announced the availability of Frontline Commando 2 on the App Store and Google Play. The Company stated that the third installment of Glu's popular Frontline Commando franchise throws players into intense modern combat against near-future soldiers and their powerful military vehicles, and as the commander of an elite squad of mercenaries, players fight to protect their squad and exact revenge for a previous betrayal. The full analyst notes on Glu Mobile, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/GLUU/report.pdf
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Giant Interactive Group, Inc. Analyst Notes
On March 16, 2014, Giant Interactive Group, Inc. (Giant Interactive Group) announced that it has entered into a definitive Agreement and Plan of Merger (the Merger Agreement) with Giant Investment Limited (Parent) and Giant Merger Limited, a wholly owned subsidiary of Parent (Merger Sub). The Company stated that pursuant to the Merger Agreement, Parent will acquire the Company for cash consideration equal to $12.00 per ordinary share of the Company and $12.00 per American Depositary Share (ADS) of the Company, each representing one Share, or approximately $3.0 billion in aggregate cash consideration. The transaction price represents an 18.5% premium over the closing price of $10.13 per ADS as quoted by the New York Stock Exchange on November 22, 2013.The full analyst notes on Giant Interactive Group, Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03212014/GA/report.pdf
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