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Electronic Arts (EA) has confirmed that its acquisition has officially closed, making the video game publisher majority owned by Saudi Arabia’s Public Investment Fund (PIF). The deal, first announced in September 2025, valued the company at around $55 billion and was backed by a group of private investors including PIF, Silver Lake, and Affinity Partners. With the deal now complete, EA has gone private again for the first time in 36 years. The company is now fully owned by what it describes as an investor consortium comprised of PIF, Silver Lake, and Affinity Partners.
EA stockholders will receive $210 in cash for every share of EA common stock they held as of the closing date. As a result, EA’s common stock has stopped trading and will be removed from the NASDAQ exchange, officially transitioning the company from a publicly traded business to a privately held one.
Andrew Wilson, Chairman and CEO of Electronic Arts, spoke about the significance of the moment for the company and its employees. “This moment recognizes the extraordinary people whose creativity, ambition and passion have made EA one of the world’s leading interactive entertainment companies,” Wilson said. “We’re entering this next chapter from a position of strength with partners who share our vision and ambition. Together, we’ll invest boldly, accelerate innovation, and build the next generation of games and experiences for the hundreds of millions of players and fans who inspire us every day.”
Representatives from the investor group also shared their thoughts on the completed deal. Turqi Alnowaiser, Deputy Governor and Head of International Investments at PIF, pointed to the fund’s long-standing relationship with EA. “Having been a minority investor in the company for more than five years, we have a deep understanding of EA’s unique platform, massive global sports and gaming franchises, and iconic IP,” Alnowaiser said. “Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world. Together, the Consortium is uniquely positioned to be a long-term partner to EA’s management team in driving sustained growth and innovation for EA and the industry.”
Egon Durban, CEO and Managing Partner of Silver Lake, touched on how the new ownership group plans to support EA’s future direction, including the role of new technology in game development. “EA’s franchises are some of the most beloved in entertainment, combining exceptional creative talent with a relentless focus on players,” Durban said. “As long-term investors in technology, we admire how EA’s innovation fuels imagination and human connection. We’re proud to join with PIF and Affinity Partners to invest heavily in EA’s growth, including what AI can do to enhance game development and player experience, and excited to partner with Andrew and the EA team as they raise the bar for fans everywhere.”
Jared Kushner, Chief Executive Officer of Affinity Partners, added that the group is focused on helping EA continue to grow its reach. “EA has created stories, characters, and communities that have become part of everyday life for hundreds of millions of people,” Kushner said. “We’re excited to support the company as it continues to reach new audiences, inspire the next generation of creators, and expand the ways people around the world connect through play.”
The completed acquisition brings a new ownership structure to one of the world’s biggest video game publishers, known for franchises spanning sports, action, and simulation genres that reach players around the globe. As EA moves forward under private ownership, its leadership and new investors have signaled plans to focus on continued growth and innovation across its games and platforms.
