EA Goes Private After $55 Billion Acquisition By Saudi Arabia's PIF, Silver Lake & Affinity Partners

Published on:

“We will continue to push the boundaries of entertainment, sports, and technology”.

Electronic Arts has announced that it has entered an agreement to be purchased by the PIF (Saudi Arabia’s Public Investment Fund), Silver Lake, and Affinity Partners for a staggering USD $55 billion.

The deal, which is expected to close in Q1 FY 2027, was confirmed earlier today, following a report last week from Bloomberg’s Jason Schreier. The publisher and developer, which is most famous for its series of sports titles, The Sims, Battlefield, and for publishing BioWare’s Dragon Age and Mass Effect series’.

Read the full article on nintendolife.com



Source link

Related