Corporate Buyout
Ongoing coverage on Corporate Buyout.
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EA is now a private company, with stakeholders that include Saudi's PIF and Affinity Partners
Electronic Arts has officially become a private company following a $55 billion buyout, with stakeholders including Saudi Arabia's Public Investment Fund and Affinity Partners. This deal, the second largest in gaming history, has raised concerns regarding human rights and LGBTQ+ issues due to the nature of some investors. The future of EA's franchises and potential company restructuring remain uncertain.
Stormgate Online Modes Disappearing Soon, Offline Play Coming
Frost Giant Studios announced that Stormgate's online multiplayer modes will be discontinued at the end of April due to its partner Hathora being acquired by an AI company. The developer is working on an offline play patch, but there may be a period where the game is unplayable. Future online play is contingent on finding a new partner.
