Official Announcement: Electronic Arts is Being Sold for 55 Billion Dollars

The rumors circulating for a while have turned out to be true. Electronic Arts is being sold at a staggering price to a group that includes the Saudi Arabian Public Investment Fund.

Electronic Arts, one of the world’s largest gaming companies behind many famous titles from Battlefield to the EA Sports FC series, was a publicly traded company. However, in a report published last week by the Wall Street Journal, it was claimed that EA was planning to go private and that a massive deal was on the table.

Those claims have proven true. Just moments ago, Electronic Arts officially announced that it will be sold and become a private company. The purchase price was revealed to be even higher than the circulating rumors.

According to the announcement, Electronic Arts has reached an agreement to be acquired by a consortium consisting of Silver Lake, Affinity Partners, and Saudi Arabia’s Public Investment Fund (PIF). The deal is valued at 55 billion dollars and it was stated that the entire transaction will be carried out in cash.

This group will own 100% of Electronic Arts once the acquisition is completed, and EA will cease to be a publicly traded company. It was also noted that EA shareholders will receive $210 in cash per share, which means about a 25% premium compared to the last closing price of $168.32.

The acquisition, approved by EA’s board of directors, is expected to be finalized by the end of the company’s 2027 fiscal year (corresponding to June 2026). What path the company will take after going private remains a major question. We will see what happens starting next summer.