Electronic Arts (EA) has announced that it has reached an agreement for an acquisition worth 55 billion dollars with a consortium consisting of PIF (Public Investment Fund of Saudi Arabia), Silver Lake and Affinity Partners. Under the deal, EA shareholders will receive $210 per share in cash — representing a 25% premium to the independent market price before the acquisition was announced.
After the closing of the transaction, EA will cease to be a publicly traded company – the shares will be removed from all stock exchanges, and the company will become private. Management will remain under the direction of current CEO Andrew Wilson, and the company's headquarters will remain in Redwood City.
The move allows EA greater flexibility in long-term planning and innovation, freeing it from the pressure of quarterly financial reports. The transaction is the largest all-cash private acquisition in history, and is expected to be finalized in the first quarter of fiscal 2027, subject to required regulatory approvals and a shareholder vote.