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Saudi Arabia leads $55B buyout of Electronic Arts, largest leveraged buyout on record

Electronic Arts (EA) has officially been acquired in a $55 billion deal led by Saudi Arabia's Public Investment Fund. This transaction marks the largest leveraged buyout in history, with the Public Investment Fund now holding over 93% of EA. Despite the significant debt financing of $20 billion used for the buyout, current CEO Andrew Wilson will remain in his position, and the company will continue its operations from Redwood City, California. AI

IMPACT This acquisition may impact the development and distribution of EA's gaming titles, potentially influencing AI integration within their games.

RANK_REASON A major acquisition of a prominent tech company, exceeding $100M. [lever_c_demoted from significant: ic=1 ai=0.4]

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Saudi Arabia leads $55B buyout of Electronic Arts, largest leveraged buyout on record

COVERAGE [1]

  1. Engadget TIER_1 English(EN) · [email protected] (Kris Holt) ·

    The Saudi-led $55 billion takeover of EA has closed

    Electronic Arts is once again a privately held company, but it's saddled with $20 billion in new debt.