EA Completes Deal to be Acquired by Saudi Arabia’s PIF and its Partners for $55 Billion
Electronic Arts has officially been acquired by a consortium including Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners for $55 billion, taking the company private. CEO Andrew Wilson stated the new ownership will invest in next-generation games and experiences. The Public Investment Fund now holds a 93.4 percent stake in the company.
Gaming Bolt
- Entities
- Electronic Arts
- Turqi Alnowaiser
- Egon Durban
- Artificial Intelligence
- Affinity Partners
- Silver Lake
- Mergers and Acquisitions
- Andrew Wilson
- Public Investment Fund
Original source
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