Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →
Saudi-led group acquires gaming giant EA for $55bn
PRIVATEAug 04, 2026•4 days ago
Acquiring Company
Saudi-led group
Acquired Company
FIFA game maker
ConnecticutGamingGamingSportsVideo Games
Description
A Saudi-led consortium has successfully completed a $55 billion acquisition of Electronic Arts. The Public Investment Fund is the majority owner in this buyout. Concerns have been raised about potential influences on creative decisions due to the investors' interests. The acquisition aims to strengthen investments in the gaming industry.
Company Information
Company
Saudi-led group
About
A consortium led by the Public Investment Fund of Saudi Arabia. The group is involved in various investment sectors, including entertainment and gaming. It seeks to diversify the country's economy and invest in high-growth industries.