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EA sold for $55B, goes private via Saudi-led consortium

8/5/2026

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Story summary
  • Electronic Arts was taken private in a $55 billion acquisition led by Saudi Arabia’s Public Investment Fund.
  • The consortium—PIF, Silver Lake and Affinity Partners—supplied $36 billion equity, $20 billion JPMorgan Chase debt, and paid shareholders $210 per share, leading to delisting on August 4, 2026.
  • CEO Andrew Wilson said EA will stay in Redwood City, pledge no immediate layoffs, and noted FTC review calls from U.S. lawmakers and unions.