We've got some major acquisition news coming out of Electronic Arts today, with EA announcing that it's set to be acquired by a consortium of investors for approximately $55 billion USD.
Those investors are PIF (the Public Investment Fund of Saudi Arabia), Silver Lake (a technology-focused private equity firm headquartered in Silicon Valley and New York) and Affinity Partners (an investment firm based in Miami, Florida).
This consortium will acquire 100% of EA as part of the agreement, and it's expected to go through in Q1 FY27.
Here's what EA says about the takeover:
"PIF, Silver Lake, and Affinity Partners bring deep sector experience, committed capital, and global portfolios with networks across gaming, entertainment, and sports that offer unique possibilities for EA to blend physical and digital experiences, enhance fan engagement, and create new growth opportunities. The transaction represents the largest all-cash sponsor take-private investment in history, with the Consortium partnering closely with EA to enable the Company to move faster and unlock new opportunities on a global stage."
EA chairman and CEO Andrew Wilson has also been commenting on the deal today, mentioning in a press release how he's "more energized than ever about the future we are building" and how the acquisition represents a "powerful recognition" of the "extraordinary" work that's been delivered by EA's development teams up until now.
Of course, there's still the potential of a few hurdles for EA in terms of getting approval from the required regulatory bodies (we all know how difficult that proved for Microsoft and Activision Blizzard!), but we assume it'll be a fairly smooth process.
As soon as there's any other major news to share about the takeover, we'll let you know.