The deal is done: Electronic Arts is now officially owned by Saudi Arabia
Electronic Arts has been officially acquired by a consortium led by Saudi Arabia's Public Investment Fund, along with Silver Lake and Affinity Partners. The deal, valued at a significant sum, gives Saudi Arabia a 93.4% ownership stake. Concerns have been raised regarding the company's future support for inclusive games given Saudi Arabia's human rights record, while EA leadership emphasizes continued innovation and investment, including in AI.
- Entities
- Company: Electronic Arts
- Person: Egon Durban
- Person: Joshua Kushner
- Company: Saudi Arabia's Public Investment Fund
- Topic: Artificial Intelligence
- Game: EA Sports FC 24
- Company: Affinity Partners
- Game: The Sims
- Company: Silver Lake
- Topic: Human Rights
- Topic: Mergers and Acquisitions
- Game: Battlefield
- Person: Andrew Wilson
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