Acquiring Company
Public Investment Fund of Saudi Arabia
Acquired Company
Electronic Arts
Description
The acquisition of Electronic Arts by a consortium led by the Public Investment Fund of Saudi Arabia officially closed on August 4. This $55 billion deal has transformed EA into a private company, raising substantial funding through debt. Concerns among EA employees regarding new leadership control over game development have surfaced following the acquisition.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Electronic Arts?
Electronic Arts was acquired by Public Investment Fund of Saudi Arabia, based in Riyadh Region. The deal was reported on August 19, 2026. The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. It aims to invest in profitable opportunities domestically and internationally. Public Investment Fund of Saudi Arabia is privately held and operates in Financial Services.
When did Public Investment Fund of Saudi Arabia acquire Electronic Arts?
Public Investment Fund of Saudi Arabia's acquisition of Electronic Arts was reported on August 19, 2026. The acquisition of Electronic Arts by a consortium led by the Public Investment Fund of Saudi Arabia officially closed on August 4. This $55 billion deal has transformed EA into a private company, raising substantial funding through debt. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Electronic Arts do?
Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers. It is privately held, operating in Content And Publishing, and is based in Malta.
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