PIF Acquires Electronic Arts in a $55 Billion Deal
Riyadh | BETH

Electronic Arts (EA) and its shareholders have approved an acquisition offer led by Public Investment Fund, valuing the company at $55 billion, at $210 per share in cash, according to Bloomberg.

Deal Details

Transaction value: $55 billion (all-cash).

Price: $210 per share (a premium to the pre-announcement share price).

Structure: A consortium led by PIF, alongside Silver Lake and Affinity Partners.

Ownership: Acquisition of 100% of EA shares; PIF will roll over its existing 9.9% stake into the new ownership structure.

Post-closing status: EA to become a private company.

Expected closing: Q1 of fiscal year 2027, subject to customary regulatory approvals.

Strategic Significance

The deal marks a pivotal milestone in EA’s more than four-decade history and underscores PIF’s expanding footprint in the interactive entertainment and gaming sector, aligned with economic diversification goals and the development of a global ecosystem for gaming and esports under Saudi Vision 2030.

Statement

Turki Al-Nuwaiser, Deputy Governor and Head of International Investments at PIF, said the fund holds a leading global position in gaming and esports through building integrated platforms, adding that the partnership aims to support EA’s long-term growth and drive innovation across the global games industry.

Background

Electronic Arts is one of the world’s leading video game publishers, known for flagship franchises such as EA Sports FC and Battlefield, amplifying the deal’s impact on the global gaming landscape.