Silver Lake
Silver Lake business and news from across the web.
EA hit with third round of layoffs this yearElectronic Arts has conducted its third round of layoffs this year, impacting recruitment, customer support, trust and safety, and IT teams. This follows previous staff reductions affecting developers on "Skate" and "Battlefield 6," and comes after EA's acquisition by an investor consortium last September. The company has also shed staff and studios over multiple years, including layoffs at "Apex Legends," Codemasters, BioWare, and the closure of Cliffhanger Games.
EA is reportedly laying off recruitment, customer support, safety, and IT staffElectronic Arts is reportedly conducting another round of layoffs, primarily affecting recruitment, customer support, trust and safety, and IT teams. This follows a previous clarification in October that there would be no immediate workforce changes after EA entered into an acquisition agreement with a consortium including Saudi Arabia's Public Investment Fund. The company has also recently made redundancies at studios working on Battlefield and the Skate game.
Why the $55bn acquisition of Electronic Arts isn't your usual leveraged buyoutA consortium led by Saudi Arabia's Public Investment Fund is acquiring Electronic Arts for $55 billion in a record-breaking leveraged buyout. The deal, financed with over $20 billion in debt, raises concerns about future investment in EA's games and its ability to service the debt. Experts suggest the acquisition is a strategic move by Saudi Arabia to gain soft power and bolster its esports initiatives, rather than a typical financial play.
Cosplaying Gamers Will Raid EA HQ To Protest Saudi Arabia's $55 Billion BuyoutGamers are planning a cosplay protest at Electronic Arts' headquarters on May 11 to oppose Saudi Arabia's Public Investment Fund's proposed $55 billion buyout. The Players Alliance HQ group aims to deliver over 70,000 petition signatures and raise awareness about potential negative consequences like layoffs and increased monetization due to the debt burden on EA.
CWA Canada president says Saudi buyout of EA should trigger 'virtually every alarm bell'CWA Canada president Carmel Smyth has urged the Canadian government to scrutinize the proposed $55 billion buyout of Electronic Arts by a consortium including Saudi Arabia's Public Investment Fund due to national security risks. Concerns include potential data misuse, surveillance, and the transfer of sensitive AI technology to a foreign state. The union also highlighted potential job losses for Canadian EA workers due to the deal's financing structure.
Saudi Arabia’s EGDC Raises Ownership Stake in Capcom, Now Owns 6.04 PercentSaudi Arabia's Electronic Gaming Development Company (EGDC) has increased its ownership stake in Capcom to 6.04 percent, acquiring an additional 1.01 percent. The EGDC, owned by Crown Prince Mohammed bin Salman, also holds a majority stake in SNK and is involved in the proposed acquisition of Electronic Arts by the Public Investment Fund, Silver Lake, and Affinity Partners.
The Sims 4's Maker Marketplace Is An Insult To Both Players And ModdersElectronic Arts and Maxis have faced backlash for introducing The Sims 4 Marketplace, a system for paid mods and microtransactions. Players are frustrated by additional monetization in a game already laden with DLC, and creators receive only 30% of sales, with EA taking 70%. The article criticizes this model as predatory and an insult to both players and modders, especially given the long-standing player request for a color wheel customization feature that EA claims is technically impossible.- Trump administration will reportedly get $10 billion for brokering the TikTok dealThe Trump administration is reportedly set to receive $10 billion in fees for brokering the deal that allowed TikTok to remain operational in the US. Investors including Oracle, Silver Lake, and MGX have already paid $2.5 billion, with further payments expected to reach the total sum. This follows previous significant financial dealings by the administration with companies like Intel and Boeing.
Battlefield 6 developers hit with layoffs as game's popularity starts to declineDespite strong initial sales and positive reviews, Electronic Arts has laid off employees across multiple studios working on Battlefield 6 due to declining player counts and mixed player reviews. The reasons for the layoffs are officially cited as a 'realignment,' though potential investor acquisition and financial pressures are also discussed as contributing factors.
EA Lays Off Staff Across All Battlefield Studios Following Record-Breaking Battlefield 6 Launch - IGNElectronic Arts has laid off an unknown number of employees across its Battlefield studios, including Criterion, Dice, Ripple Effect, and Motive Studios, as part of a "realignment." This follows the record-breaking launch of Battlefield 6 in 2025, which has since faced criticism for its live service support, monetization, and declining player counts. The company states these layoffs are unrelated to its pending acquisition by an investor group.
US government reportedly debating whether to force Tencent to give up its US-based game holdingsThe US government is reportedly considering forcing Tencent to divest its stakes in US and Finnish game companies due to national security concerns. Tencent holds significant shares in numerous major developers, raising fears of potential access to personal data of US citizens. This debate has been ongoing since 2020, with a recent meeting on the matter postponed.
The Sims 4 Will Open an Official Marketplace to Let Content Creators Sell Mods for a Share of 'Moola' - IGNMaxis is launching an official "Maker" program and Marketplace for The Sims 4 on March 17, 2026, allowing approved content creators to sell custom "Maker Packs" using a virtual currency called "Moola." Creators will receive approximately 30% of the purchase price, and these packs must be exclusive to the Marketplace. The program will initially launch on PC and Mac, with console versions for PlayStation and Xbox to follow later.
Electronic Arts Sold in $55 Billion Deal to PIF, Silver Lake, and Affinity Partners - New Game NetworkElectronic Arts (EA) has confirmed a $55 billion all-cash acquisition by a consortium including Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The deal, expected to close in early fiscal year 2027, will take EA private, with shareholders receiving $210 per share. Andrew Wilson will continue as Chairman and CEO, with the investors planning significant expansion and innovation for the publisher.