gaming news

EA Going Private in $55 Billion Deal

3 min read

Electronic Arts (EA), one of the most influential publishers in the global gaming industry, is set to undergo a massive transformation after confirming that it will be acquired in a staggering $55 billion buyout deal. The transaction involves private equity firm blueprint gaming slots Silver Lake, Saudi Arabia’s Public Investment Fund (PIF), and Affinity Partners, a firm led by Jared Kushner. With this move, EA will be taken off the public stock market and operated as a privately owned company, a dramatic shift for a publisher that has been publicly traded for decades.