The deal is done: Electronic Arts is now officially owned by Saudi Arabia
Right on schedule.
Electronic Arts, a titan in the video game industry, has been fully acquired by a consortium led by the Saudi Public Investment Fund, alongside investment firms Silver Lake and Affinity Partners. The Saudi-owned takeover brings substantial capital, industry expertise, and strategic support to the company. EA CEO and Chairman Andrew Wilson hailed this as a new chapter for the company, promising bold investments, accelerated innovation, and continued commitment to values.
However, concerns remain over the kingdom's human rights record, particularly regarding its treatment of women and LGBTQ+ individuals. The Saudi purchase makes this the largest leveraged buyout in private equity history, raising significant financial and moral risks. Despite these concerns, Wilson and Silver Lake CEO Egon Durban see AI as a key future for the company.
Jared Kushner, a key player in the deal, emphasized EA's impact on global entertainment and connectivity. With the deal finalized, EA will be removed from the NASDAQ.
Written by urgent.news from PC Gamer's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.