US EditionEA: What do Saudi Arabia and US get from video game deal?
5 Articles
5 Articles
One of the largest video game companies has been sold for $55 billion, with buyers including the Saudi state investment fund and Donald Trump's son-in-law's largely Saudi-funded investment firm. We've rounded up what kind of change this could bring.
The acquisition of Electronic Arts (EA) by a consortium including a Saudi fund, which took place on Monday 29 September, and which is to be finalized in the first quarter of fiscal year 2027, marks a strategic turning point for the...
The US gaming group is taken over by an investor consortium from Saudi Arabia with the participation of the Trump clan. This is probably the end for the legendary developer studio
EA’s $55B power play: What going private means for the industry and investors
EA (NASDAQ:EA) is going private in a US$55 billion deal, backed by Saudi Arabia’s PIF, Silver Lake, and Affinity Partners, ending its decades-long run as a public company Going private gives EA more creative freedom, allowing it to focus on long-term game development without the pressure of quarterly earnings—unlike public rival Take-Two Interactive (NASDAQ:TTWO) However, the deal brings risks, including heavy debt, potential cost-cutting, and r…
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