EA has officially been acquired by a group of investors including Saudi Arabia’s Public Investment Fund in a private transaction worth $55bn.
EA chairman and CEO Andrew Wilson will continue to lead the company – known for its sports games, BioWare’s RPGs, The Sims, and forthcoming shooter Battlefield 6 – with the transaction expected to be completed in Q1 FY27.
News of the acquisition came over the weekend, before an official announcement today. The investor group comprises the PIF, as well as investment firms Silver Lake, and Affinity Partners.
“Our creative and passionate teams at EA have delivered extraordinary experiences for hundreds of millions of fans, built some of the world’s most iconic IP, and created significant value for our business. This moment is a powerful recognition of their remarkable work,” said Wilson.