EA to be acquired by PIF, Silver Lake, and Affinity Partners in $55 billion Deal
EA goes private.
Electronic Arts has confirmed that it will be acquired by a consortium led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The transaction values the publisher at $55 billion and will take the company private in what is described as the largest all-cash sponsor take-private deal in history.
Under the agreement, EA stockholders will receive $210 per share in cash, a 25% premium over the company’s unaffected share price of $168.32 at market close on September 25, 2025. The acquisition has already been approved by EA’s Board of Directors and is expected to close in Q1 FY27, pending regulatory and shareholder approval. Once finalized, EA shares will be delisted from public markets.
The investor group will provide about $36 billion in equity and $20 billion in debt financing fully committed by JPMorgan Chase. PIF will also roll over its existing 9.9% stake in the publisher. Following the deal, EA will remain headquartered in Redwood City, California, and continue to be led by CEO Andrew Wilson.
“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. Looking ahead, we will continue to push the boundaries of entertainment, sports, and technology, unlocking new opportunities. Together with our partners, we will create transformative experiences to inspire generations to come. I am more energized than ever about the future we are building.”
— Andrew Wilson, Chairman & CEO of EA
EA is one of the largest publishers in the industry with a portfolio that includes Battlefield, The Sims, Apex Legends, Need for Speed, Dragon Age, Plants vs. Zombies, and its flagship EA Sports franchises such as Madden NFL, EA Sports FC (formerly FIFA) and F1. In fiscal year 2025, EA reported net revenue of around $7.5 billion.
If approved, this deal will represent one of the largest acquisitions in gaming history and further expand PIF’s influence in the sector, following previous investments in companies such as Activision Blizzard, Capcom, and Nintendo.
Source: EA