Saudi-led group completes $55B purchase of gaming giant EA
A Saudi-led investment group, including Affinity Partners, has finalized a $55 billion leveraged buyout of gaming giant Electronic Arts. The deal will take the company private, raising concerns among analysts about potential layoffs, aggressive monetization, and the impact of the new ownership's cultural values on EA's inclusive game titles.
Share Save Add as preferred on Google Laura Cress Technology reporter Electronic Arts EA's football titles - from Fifa to EA FC - have sold over 325 million copies since the first release in 1993 The sale of gaming giant Electronic Arts (EA) for $55bn (£41bn) to a group of buyers including Saudi Arabia's Public Investment Fund (PIF) has been finalised.
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in