Electronic Arts Announces Completion of Acquisition by Saudi Public Investment Fund-Led Consortium

Electronic Arts, a titan of interactive entertainment, announced Tuesday the successful closure of its acquisition by a consortium spearheaded by Saudi Arabia’s Public Investment Fund (PIF), alongside investment firms Silver Lake and Affinity Partners. This significant transaction marks a new chapter for EA, moving from public trading to private ownership.

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Having been a minority investor in the company for more than five years, we have a deep understanding of Electronic Arts’ unique platform, massive global sports and gaming franchises, and iconic IP.

The consortium, which includes PIF Deputy Governor Turqi Alnowaiser, has been a minority investor in EA for over five years, bringing a deep understanding of the company's vast gaming franchises and intellectual property. Alnowaiser highlighted entertainment and sports as key strategic focuses for PIF, emphasizing the consortium's position as a long-term partner poised to drive sustained growth and innovation within EA and the broader industry.

The agreement, initially announced in September 2025, received approval from EA stockholders in December 2025. Andrew Wilson, Chairman & CEO of Electronic Arts, acknowledged the "extraordinary people" whose creativity has made EA a global leader. He expressed enthusiasm for the next phase, stating, "We're entering this next chapter from a position of strength with partners who share our vision and ambition. Together, we'll invest boldly, accelerate innovation, and build the next generation of games and experiences for the hundreds of millions of players and fans who inspire us every day."

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Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world. Together, the consortium is uniquely positioned to be a long-term partner to Electronic Arts’ management team in driving sustained growth and innovation for Electronic Arts and the industry.

Egon Durban, CEO and Managing Partner of Silver Lake, and Jared Kushner, CEO of Affinity Partners, also shared their optimism. Durban noted EA's ability to fuel imagination and human connection through innovation, with Silver Lake eager to invest in growth areas like AI in game development. Kushner pointed to EA's creation of "stories, characters, and communities that have become part of everyday life," expressing excitement to support the company's expansion into new audiences and interactive experiences.

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This moment recognizes the extraordinary people whose creativity, ambition and passion have made EA one of the world's leading interactive entertainment companies. We're entering this next chapter from a position of strength with partners who share our vision and ambition. Together, we'll invest boldly, accelerate innovation, and build the next generation of games and experiences for the hundreds of millions of players and fans who inspire us every day.

With the acquisition finalized, EA stockholders are set to receive $210 in cash per share. The company's common stock has ceased trading on NASDAQ, signaling a significant shift in its corporate structure and future direction under new private ownership.

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EA’s franchises are some of the most beloved in entertainment, combining exceptional creative talent with a relentless focus on players. As long-term investors in technology, we admire how EA’s innovation fuels imagination and human connection. We’re proud to join with PIF and Affinity Partners to invest heavily in EA’s growth, including what AI can do to enhance game development and player experience, and excited to partner with Andrew and the EA team as they raise the bar for fans everywhere.