Electronic Arts Finalizes $55 Billion Sale, Plans Major Cutbacks

WHO:

Mashable - The acquisition involves Jared Kushner's Affinity Partners and Saudi Arabia's Public Investment Fund (PIF).

GamesIndustry.biz - CEO Andrew Wilson leads Electronic Arts (EA), with Cam Weber appointed as chief studios officer and David Tinson as COO.

WHAT:

Mashable - Electronic Arts has completed a $55 billion sale, taking the company private and incurring $18 billion in debt.

GamesIndustry.biz - EA stockholders will receive $210 per share in cash, and the company will be delisted from NASDAQ.

GamesIndustry.biz - The acquisition was announced on September 29, and all regulatory approvals were granted on July 31.

WHERE:

GamesIndustry.biz - The acquisition involves Electronic Arts, which is based in the United States, and is led by Saudi Arabia's Public Investment Fund.

WHEN:

GamesIndustry.biz - The acquisition was announced on September 29.

GamesIndustry.biz - EA stockholders approved the acquisition in December.

GamesIndustry.biz - All regulatory approvals were granted on July 31.

WHY:

GamesIndustry.biz - Saudi Arabia's PIF aims to focus on entertainment and sports as key strategic areas for growth.

GamesIndustry.biz - The consortium believes it is uniquely positioned to drive sustained growth and innovation for EA and the industry.

HOW:

GamesIndustry.biz - The acquisition was facilitated by a consortium of investors, including Saudi Arabia's PIF, Silver Lake, and Affinity Partners.

GamesIndustry.biz - The PIF had previously bought over $3 billion in EA stock in 2021 and increased its stake by 55% in 2023.

(UPDATED August 5, 2026 20:41 UTC)

In a significant move, Electronic Arts has completed a $55 billion acquisition led by a consortium that includes Jared Kushner's Affinity Partners and Saudi Arabia's Public Investment Fund, taking the company private and incurring $18 billion in debt. EA stockholders will receive $210 per share in cash as part of the deal, which will also see the company delisted from NASDAQ following the approval of all regulatory requirements on July 31. This acquisition, announced on September 29, is part of Saudi Arabia's PIF strategy to focus on entertainment and sports for future growth and innovation.