Electronic Arts is no longer a public company. The gaming giant confirmed Tuesday that its $55 billion acquisition by a consortium led by Saudi Arabia's Public Investment Fund (PIF), with private equity firm Silver Lake and Affinity Partners, has been completed.
Shareholders received $210 in cash for each share of EA stock, and the company has been delisted from the Nasdaq after roughly 37 years as a publicly traded firm. The deal was announced in September 2025 and cleared its final regulatory hurdles this week.
EA remains headquartered in Redwood City, California, and continues to be led by CEO Andrew Wilson, who will steer the company under private ownership. The consortium said the buyout positions EA "to accelerate creativity and innovation" without the quarterly pressures of public markets — a pitch that arrives as the publisher rides a strong run driven by the Battlefield franchise.
The completion makes the PIF an even larger force in gaming; the fund already holds stakes in Nintendo, Capcom, and Take-Two. Critics have questioned sovereign-wealth ownership of a major U.S. entertainment company, but regulators cleared the deal after their review.
