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From Daily Star · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Outcome reported
  • Electronic Arts (EA), the video game publisher, has been acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund (PIF).
  • The deal, announced in September 2025, makes EA a privately held company, with its shares delisted from Nasdaq.
  • Investors plan to use the backing to invest in technology, innovation, and AI for game development, expanding Saudi Arabia's presence in the global gaming industry.

Video game giant Electronic Arts (EA) has officially become a privately held company following its $55 billion acquisition by a consortium including Saudi Arabia's Public Investment Fund (PIF), private equity firm Silver Lake, and Affinity Partners. The transaction, initially announced in September 2025, received shareholder approval in December and concluded this week, leading to EA's delisting from the Nasdaq stock exchange. Existing shareholders will receive $210 in cash per share. This acquisition ranks among the largest leveraged buyouts on record, with PIF committing approximately $36 billion and securing $20 billion in financing from JPMorgan. EA's chairman and CEO, Andrew Wilson, stated the company will leverage its new owners' support to invest in technology, innovation, and future gaming experiences. Turqi Alnowaiser of PIF highlighted entertainment and sports as strategic investment areas, aiming to foster EA's long-term growth. Jared Kushner, representing Affinity Partners, expressed excitement about supporting EA's expansion into new audiences and enhancing global connections through play. Silver Lake CEO Egon Durban indicated plans for increased investment, including the use of artificial intelligence to improve game development and player experiences. The acquisition significantly broadens Saudi Arabia's influence in the global gaming sector, aligning with the kingdom's economic diversification strategy through PIF's substantial investments in video game companies and esports.

We're excited to support the company as it continues to reach new audiences, inspire the next generation of creators, and expand the ways people around the world connect through play.

โ€” Jared KushnerAffinity Partners' leader on the consortium's vision for EA.
DistantNews Editorial

Originally published by Daily Star. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.