EA is now a private company
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EA is now a private company

The Verge business

Key Points:

  • Electronic Arts (EA) has officially become a private company following a $55 billion buyout led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners, with PIF owning 93.4% of the new entity.
  • The acquisition includes $20 billion in debt financing, marking the largest leveraged buyout ever and potentially prompting EA to focus more on its major franchises rather than smaller experimental games.
  • EA's recent focus has been on key franchises such as Battlefield, EA Sports FC, Madden NFL, and The Sims, aligning with industry trends toward prioritizing bankable, large-scale releases.
  • CEO Andrew Wilson expressed optimism about the company’s future under private ownership, highlighting creativity, ambition, and new opportunities ahead.
  • This deal follows a series of significant video game industry acquisitions, including Microsoft’s purchases of Activision Blizzard and ZeniMax Media, and Take-Two’s acquisition of Zynga.

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