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In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion (€47bn).
Beyond the potentially record-breaking price tag, the deal could bring wider shifts in the gaming world. Electronic Arts (EA) owns popular titles like Madden NFL, Battlefield and The Sims — and going private could potentially grant the company more freedom in developing and distributing future games. Still, what its future under new ownership could look like has yet to be seen.
The proposed buyout also marks the latest move from Saudi Arabia’s sovereign wealth fund PIF to invest in gaming. If the transaction gets the green light, PIF would join Silver Lake Partners and Affinity Partners, run by US President Donald Trump’s son-in-law Jared Kushner, as EA’s new owners. The companies aim to close the all-cash acquisition by the first quarter of 2027.
Here's what we know.
Why is EA an attractive takeover target?
The size of the video game market has attracted significant investment from large investors in recent years.
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