Saudi Arabia’s Public Investment Fund (PIF) has officially reached a definitive agreement to acquire Electronic Arts in a landmark transaction valued at $55 billion. The deal, which solidifies the Kingdom’s rapidly expanding influence in the global gaming sector, was formalized after EA shareholders voted to approve the acquisition on Monday.
Executing One of Gaming’s Largest Takeovers
The acquisition is being led by a consortium headed by PIF, which also includes private equity firms Silver Lake and Affinity Partners. Under the terms of the agreement, the $55 billion purchase will be funded through a mix of $36 billion in equity and $20 billion in debt financing arranged by JPMorgan Chase. Crucially, the deal structure involves PIF rolling over its existing stake in the company, demonstrating a long-term commitment to EA’s growth rather than a simple financial exit.
A Strategic Pillar for Vision 2030
This acquisition represents a major victory for Saudi Arabia’s Vision 2030 initiative, which seeks to diversify the national economy away from oil dependence. By securing full ownership of one of the world’s premier video game publishers, PIF has effectively positioned the Kingdom at the center of the interactive entertainment industry. The move grants Saudi Arabia direct control over a massive portfolio of global intellectual property, complementing its broader strategy to develop a comprehensive ecosystem spanning esports, development, and publishing.
Continuity Amidst Ownership Change
While the ownership structure will shift to the Saudi-led consortium, Electronic Arts has confirmed that its operational leadership will remain intact. Andrew Wilson is set to continue as CEO, and the company will maintain its headquarters in Redwood City, California. This decision ensures that EA’s creative output and live-service operations continue without disruption, allowing the company to leverage PIF’s capital backing to pursue ambitious growth strategies while maintaining its established corporate identity.
Regulatory Outlook and Timeline
With shareholder approval now secured, the transaction moves to the regulatory review phase. Given the sheer scale of the deal and EA’s global market presence, the acquisition will undergo scrutiny from antitrust and foreign investment authorities in multiple jurisdictions. Subject to these customary closing conditions and regulatory clearances, the deal is expected to finalize in the first quarter of 2027.
About Electronic Arts
Electronic Arts (EA) is a global leader in digital interactive entertainment. The company develops and delivers games, content, and online services for Internet-connected consoles, mobile devices, and personal computers. EA has more than 600 million active players and fans around the world and is known for a portfolio of critically acclaimed brands such as EA SPORTS FC, Madden NFL, Apex Legends, The Sims, and Battlefield.
Source: Arab Founders
