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EA To Be Sold In $55 Billion Deal To Saudi PIF, Silver Lake & More
Image Crredit: Electronic Arts
Electronic Arts is going private, with the video game giant announcing they’ve been sold to PIF, Silver Lake, and Affinity Partners in a $55 billion deal. EA announced on Monday that they’ve entered an agreement to be sold by an investor consortium comprised of Saudi Arabia’s Public Investment Fund, Silver Lake, and the Jared Kushiner-founded Affinity Partners in an all-cash deal that takes the company private.
The deal will result in EA stockholders receive $210 per share in cash. EA is the company behind such franchises as Battlefield, Need for Speed, The Sims, Medal of Honor, Mass Effect, Dragon Age, Apex Legends, and more. The EA Sports line includes FC, FIFA, Madden NFL, NBA Live, NHL, PGA, and UFC.
“Our creative and passionate teams at EA have delivered extraordinary experiences for hundreds of millions of fans, built some of the world’s most iconic IP, and created significant value for our business. This moment is a powerful recognition of their remarkable work,” said Andrew Wilson, Chairman & CEO of Electronic Arts. “Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences to inspire generations to come. I am more energized than ever about the future we are building.”
“PIF is uniquely positioned in the global gaming and esports sectors, building and supporting ecosystems that connect fans, developers, and IP creators,” said Turqi Alnowaiser, Deputy Governor and Head of International Investments at PIF. “PIF has demonstrated a strong commitment to these sectors, and this partnership will help further drive EA’s long-term growth, while fueling innovation within the industry on a global scale.”
The deal has been approved by EA’s Board of Directors and is expected to close in the first quarter of 2027.