To complete a very aggresive year for the videogame mega-corp, EA plans to purchase a 20% stake in Ubisoft at a reported cost of between $85 and $100 million. Gamesindustrybiz.com has the full story, which includes an interesting quote from EA CEO Larry Probst given at this year's E3 back in May:
"I'm not sure that it's going to be us acquiring other companies and I don't think that anyone's going to acquire us in the industry, but I think you're going to see consolidation in the next three to five years, where there are fewer competitors to us in five years than there are today"
'Fewer competitors': was that a forecast or a threat?
