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Saudi-led group completes $55 billion EA takeover

Electronic Arts is now privately held with $20 billion in new debt after a $55 billion acquisition led by Saudi Arabia's PIF.

·1 min read·2 outlets
Photo via Ibrahem Qasim / CC BY-SA 3.0

The short version

Electronic Arts is now a privately held company after a $55 billion acquisition led by Saudi Arabia's Public Investment Fund. The deal leaves EA with $20 billion in new debt.

Electronic Arts is now a privately held company.2,1 The acquisition was led by Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners.1 The deal was valued at $55 billion.2,1

The transaction closed on August 4, 2026.1 The PIF will reportedly own 93.4 percent of the new private company.1 The deal includes $20 billion in new debt for Electronic Arts.2,1

Electronic Arts had previously announced the privatization plan in September 2025.1

Why it matters

  • Electronic Arts (EA) is a major video game developer and publisher known for franchises such as FIFA, The Sims, and Battlefield.1

  • The Public Investment Fund (PIF) is Saudi Arabia's sovereign wealth fund, one of the world's largest, with over $1 trillion in assets under management.1

This account was written from the 2 reports listed below, filed by 2 independent outlets, and checked against them line by line. It is not a copy of any one of them. Spotted an error? Tell us.

Corroborated2 outlets
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2 reports from 2 outlets. The numbers in the article point here.

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