#electronic-arts

#electronic-arts

Saudi Arabia's Public Investment Fund (PiF) are on the verge of taking another major step in their acquisition of sport, but this time in the virtual world. The PiF, an arm of the Saudi royal family, has combined forces with US President Donald Trump's son-in-law, Jared Kushner, and US investment firm Silver Lake to buy video game company Electronic Arts (EA) for $55 billion (47 billion) subject to final approval.

A new report claims that Electronic Arts is close to finalizing a deal to go completely private via a $50 billion buyout being put together by a group of investors that includes multiple private-equity companies as well as Saudi Arabia's Public Investment Fund (PIF). The deal could be unveiled as soon as next week. On September 26, The Wall Street Journal reported that massive video game publisher EA, the company behind popular and lucrative annual sports games like Madden,

With the troubled development of Dragon Age: The Veilguard, many believe that BioWare was set up to fail due to the decisions made by its publisher, EA.

EA forecast fiscal 2026 bookings to be in the range of $7.60 billion to $8 billion, above Wall Street expectations, fueled by strong sports titles and the launch of Battlefield.