NEED TO KNOW
Video game company Electronic Arts is set to be acquired for about $55 billion in an agreement involving Saudi Arabia's Public Investment Fund, a private equity group and an investment firm founded by Jared Kushner
Electronic Arts announced the planned acquisition on Monday, Sept. 29
The deal is expected to be finalized in the first quarter of fiscal year 2027
Video game firm Electronic Arts (EA) is set to be acquired in a deal that's valued at an estimated $55 billion.
The transaction is being financed by a group of investors that includes Saudi Arabia's Public Investment Fund, private equity group Silver Lake, and an investment firm founded by Jared Kushner , the company said in a statement this week.
The company, which created games like The Sims , Battlefield a