EA buys 'Golf Clash' creator Playdemic for $1.4 billion

FILE PHOTO: An Electronic Arts (EA) video game logo is seen at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United States, June 17, 2015. REUTERS/Lucy Nicholson/File Photo GLOBAL BUSINESS WEEK AHEAD

(Reuters) -Electronic Arts said on Wednesday it had bought Playdemic Ltd, the mobile games studio responsible for "Golf Clash", for $1.4 billion in cash, in a bid to bolster its mobile gaming portfolio.

The company, known for its "FIFA" and "Madden NFL" video games, is buying Playdemic from Warner Bros Games, a unit of WarnerMedia that is being hived off from AT&T Inc .