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Electronic Arts to Go Private in $55 Billion Deal
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8 months ago

Electronic Arts to Go Private in $55 Billion Deal

Global

News Summary

Electronic Arts (EA), the renowned video game developer known for titles such as “Madden NFL,” “The Sims,” and “Battlefield,” is set to go private in a monumental $55 billion deal. This acquisition is spearheaded by a consortium that includes Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners, the investment firm founded by Jared Kushner. The deal will see EA’s shareholders receive $210 per share, and the transaction is anticipated to be finalized by the first quarter of 2027. Once completed, this will mark the end of EA’s 36-year history as a publicly traded company. The Saudi PIF has been a significant player in the video gaming sector since 2022, acquiring stakes in major gaming publishers and companies like ESL, FACEIT, and Scopely. Silver Lake has a history of high-profile buyouts, including Skype and Dell. As part of this new structure, PIF will be the majority investor. This move underscores EA’s strategy to focus on building large online communities, with upcoming releases like Skate and new Battlefield content on the horizon.

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