Group Of Investors Buys Electronic Arts For $55 Billion
Image Source: PC Gamer
Confirmed today – September 29, a consortium of investor groups comprised of Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners will acquire Electronic Arts. The deal, valued at an estimated $55 billion, means the consortium will acquire 100% of EA. Current stockholders will receive $210 per share, an increase of 25% from what they were valued at market close on September 25. The deal represents the largest all-cash private investment in history.
Chairman and CEO of EA, Andrew Wilson, said of the deal, “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. 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.”
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The investment partners also had things to say, with Deputy Governor and Head of International Investments at Saudi’s Public Investment Fund, Turqi Alnowaiser, saying that “this partnership will help further drive EA’s long-term growth, while fuelling innovation within the industry on a global scale.” Chief Executive Officer of Affinity Partners, Jared Kushner, said that, “as someone who grew up playing their games – and now enjoys them with his kids – I couldn’t be more excited about what’s ahead.”
Co-CEO and Managing Partner of Silver Lake, Egon Durban, said that, “The future for EA is bright, we are going to invest heavily to grow the business, and we are excited to support Andrew and the EA team as the company accelerates innovation, expands its reach worldwide, and continues to deliver incredible experiences to players and fans across generations.”
Approved by EA’s board of directors, the deal is expected to close in the first quarter of the 2027 financial year. At that point, EA will no longer have common stock listed on any public market. Andrew Wilson will remain as CEO, while EA’s headquarters remain at Redwood City, California.
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Source: EA