EA becomes a private company as $55 billion deal is agreed
By Kirk McKeand
A group of investors including private equity firm Silver Lake, Saudi Arabia's Public Investment Fund and Jared Kushner's Affinity Partners will acquired Electronic Arts, the video game publisher behind Battlefield and Mass Effect.
The deal is yet another step in consolidation in the industry, following the Xbox acquisition of Activision Blizzard in 2023.
The investor consortium -- PIF, Silver Lake, and Affinity Partners -- will take 100% control of the company, with shareholders cashing out at $210 per share.
“Our creative and passionate teams at EA have delivered extraordinary experiences for hundreds of millions of fans, built some of the world’s most iconic IP, and created significant value for our business. This moment is a powerful recognition of their remarkable work,” said Andrew Wilson, chairman & CEO of Electronic Arts.
“Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences to inspire generations to come. I am more energized than ever about the future we are building.”
The dealis expected to close in Q1 FY27, at which point EA will cease to be listed on the public market.
EA's next big launch is Battlefield 6 on October 10. Analysts claim EA plans to get to a point where it can release a new game in the series each year.