Acquiring Company
Public Investment Fund (PIF)
Acquired Company
Electronic Arts (EA)
Riyadh
ConnecticutFinancial ServicesFinanceGamingSportsVideo GamesDescription
On August 5, Saudi Arabia's Public Investment Fund (PIF) completed the acquisition of Electronic Arts (EA) for $55 billion, marking a record borrowing purchase. EA, known for iconic game franchises, is now under the ownership of PIF after 37 years as a public company. This transaction highlights a shift in PIF's strategy towards leveraging investments in the gaming sector.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Electronic Arts (EA)?
Electronic Arts (EA) was acquired by Public Investment Fund (PIF), based in Riyadh. The deal was reported on August 16, 2026. The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. Public Investment Fund (PIF) is privately held and operates in Financial Services.
When did Public Investment Fund (PIF) acquire Electronic Arts (EA)?
Public Investment Fund (PIF)'s acquisition of Electronic Arts (EA) was reported on August 16, 2026. On August 5, Saudi Arabia's Public Investment Fund (PIF) completed the acquisition of Electronic Arts (EA) for $55 billion, marking a record borrowing purchase. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Electronic Arts (EA) do?
Electronic Arts is a leading global interactive entertainment software company. It produces and publishes popular video games, including franchises like Madden NFL, FIFA, and The Sims. EA is known for its innovation and strong presence in the gaming industry. It is privately held, operating in Gaming, and is based in Connecticut.