Video game maker EA bought by Saudi-led group for $55bn
Electronic Arts has been acquired by a Saudi-led investment group, including Affinity Partners and Silver Lake, for $55 billion. The deal marks the end of EA's 36-year history as a publicly traded company.
Why it matters
This represents one of the largest acquisitions in gaming history, signaling significant Saudi Arabian influence in the global entertainment and esports sectors.
Electronic Arts is known for video games such as The Sims, Madden NFL and Battlefield. Photograph: EA Games Electronic Arts is known for video games such as The Sims, Madden NFL and Battlefield. Photograph: EA Games Games Video game maker EA bought by Saudi-led group for $55bn Company acquired in deal involving Affinity Partners, a firm run by Donald Trump’s son-in-law Jared Kushner
Prefer the Guardian on Google Electronic Arts, the maker of video games such as The Sims, Madden NFL and Battlefield, has been bought by Saudi Arabia’s wealth fund and a group of investors for $55bn (£41bn).
The company announced the completion of the deal on Tuesday evening, only days after the EU gave its approval, the final regulatory green light needed.
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