PIF, Electronic Arts, and gaming dominance: what the Saudi-backed EA deal means

Tue, 26 May 2026 00:00:00 +0000

EA has not publicly closed a sale to Saudi Arabia alone. Electronic Arts agreed to be acquired by a consortium made up of PIF, Silver Lake, and Affinity Partners in an all-cash transaction valuing EA at about $55 billion, with shareholders to receive $210 per share if the merger closes [S1]. As of May 26, 2026, EA’s latest annual filing says stockholders approved the merger agreement on December 22, 2025, but the merger remained subject to other closing conditions [S3]. The precise public answer to “who bought EA” is therefore: a Saudi-backed investor consortium agreed to buy EA, but the transaction should still be described as pending until closing is announced.

Electronic-Arts on SAUDI VISION 2030 Intelligence Platform

PIF, Electronic Arts, and gaming dominance: what the Saudi-backed EA deal means