Electronic Arts goes private in largest leveraged buyout deal in gaming history

Article Electronic Arts – known as SIMS, Madden NFL and Plants VS. Zombies and more – holds a deal valued at about $ 55 billion.

The Public investment Fund in the Kingdom of Saudi Arabia, the Special Parking Company Silver Lake and Jarid Kushner will get the Partners, in the COLS deal, which represents the largest acquisition ever in history.

EA shareholders will receive $ 210 per share in cash.

The Wall Street Journal reported that the company is approaching a deal on Friday.

The deal was approved by EA’s board of directors and is expected to be closed in the first quarter of the fiscal year 2027. Once closed, the stock will not be included in any public market.

The deal, which arises on the signs of EA Private Marks, was exposed to more unification in this industry, after feniers such as Activision Blizzard and Zynga were established by larger companies, which reduces the number of video game companies listed for the audience.

EA is the headquarters of Redwood City, California. The company was established in 1982.

Gamestop Nintendo Switch 2, CEO of Gamestop Nintendo Switch.

“We create stories, present amazing experiences with the masses around the world and make an effect on the societies in which we live, work and play,” says EA.

“Our values ​​and our vision as a global company continues us to create a welcoming workplace, enhance comprehensive societies, invest in the next generation of creators and artists, and progress in our environmental initiatives,” it continues.

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EA SPORTS FC 25 is displayed on the DualSense TV and Monitoring screen in the image of this clarification that was taken in Krakow, Poland, on September 30, 2024. (Jakub Porzycki / Nurphoto / Getty Images)

The latest results of the company’s profits said that its financial year had started “strong”.

“We have started a strong start for FY26, as we outperformed expectations before the launch list was the most exciting in the history of EA,” Andrew Wilson, CEO of Electronic Arts said in a statement. “From deepening the participation of players in EA SPORTS to preparing for Battlefield 6 and SKATE, we expand our global societies and continue to form the future of interactive entertainment.”

Electronic Arts headquarters in Redwood, California, United States, on Tuesday, July 18, 2023. (David Paul Morris / Bloomberg / Getty Emoz)

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The net revenue for the fiscal year of the company was 2026 in the first quarter, which ended on June 30, $ 1.671 billion.

Reuters contributed to this report.