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Electronic Arts is no longer a publicly traded company: EA announced that its $55 billion acquisition closed on August 4, 2026, and that its common stock ceased trading and would be delisted from Nasdaq. The buyer consortium was the Public Investment Fund, Silver Lake, and Affinity Partners. Eligible common shareholders received $210 in cash per share at closing.
Who bought Electronic Arts?
The acquiring consortium comprised Saudi Arabia’s Public Investment Fund (PIF), private-equity firm Silver Lake, and Affinity Partners. In its September 29, 2025 announcement, EA said the transaction had an approximate $55 billion enterprise value. PIF agreed to roll over its existing 9.9% stake in EA rather than cashing it out as part of the deal terms. EA’s announcement did not establish the consortium members’ final ownership percentages after closing.
What do the $55 billion and $210 figures mean?
They describe different parts of the transaction. EA’s approximately $55 billion figure was the deal’s enterprise value, while $210 was the cash consideration for each eligible common share. They should not be treated as interchangeable measures.
| Figure | What it describes | Source and date |
|---|---|---|
| Approximately $55 billion | Enterprise value announced for the acquisition | Electronic Arts, September 29, 2025 |
| $210 per eligible common share | Cash consideration to shareholders; reiterated at closing | Electronic Arts, September 29, 2025, and August 4, 2026 |
| $20 billion | Committed debt financing disclosed in the transaction materials; this is a financing source, not the total deal value | EA SEC filing, 2025 |
| Approximately $7.5 billion | EA GAAP net revenue for fiscal year 2026; company revenue, not transaction value | Electronic Arts, 2026 |
EA described the acquisition at announcement as “the largest all-cash sponsor take-private investment in history.” That was EA’s characterization, not an independently verified ranking. The SEC-filed transaction materials describe the merger structure: the merger subsidiary would merge into EA, with EA surviving as a wholly owned subsidiary of the acquisition parent.
#1 Best Overall
- Compatible with Windows and Android.
- 1000Hz Polling Rate (for 2.4G and wired connection)
- Hall Effect joysticks and Hall triggers. Wear-resistant metal joystick rings.
- Extra R4/L4 bumpers. Custom button mapping without using software. Turbo function.
- Refined bumpers and D-pad. Light but tactile.
When was the deal announced, approved, and closed?
- September 29, 2025 — announcement: EA announced its definitive acquisition agreement with the consortium. The merger agreement was dated September 28, 2025.
- December 22, 2025 — shareholder approval: EA said stockholders approved the transaction at a special meeting.
- August 4, 2026 — closing: EA announced that the acquisition had successfully closed. EA’s stockholder-approval release and closing announcement document the later milestones.
Can you still trade EA stock?
No. At closing, EA said eligible stockholders would receive $210 in cash for each common share held at closing. The company also said EA common stock had ceased trading and would be delisted from Nasdaq. EA should therefore not be described as a currently publicly traded stock based on its former ticker. EA’s closing release states the payment and trading status.
What does the acquisition mean for EA games?
The change in ownership does not, by itself, establish what will happen to particular games, studios, release schedules, prices, or platforms. At closing, EA Chairman and CEO Andrew Wilson said: “Together, we’ll invest boldly, accelerate innovation, and build the next generation of games and experiences for the hundreds of millions of players and fans who inspire us every day.” That is the company’s stated ambition, not evidence that specific changes or results have occurred.
Rank #2
- Tri-mode Connectivity: Wired for Xbox, 2.4G & Wired for PC, and Bluetooth for Android. The G7 Pro supports seamless connectivity across Xbox, PC, and Android. Effortlessly switch between modes using the convenient physical mode switch.
- TMR Sticks: The G7 Pro features GameSir's Mag-Res TMR sticks, combining Hall Effect durability with traditional potentiometer performance. This advanced technology delivers stable polling rates for smooth, drift-free gaming with low power consumption.
- Hall Effect Analog Triggers: The GameSir precision-tuned Hall Effect analog triggers provide unmatched smoothness and linear input for precise control. Featuring clicky Micro Switch trigger stops, gamers can easily switch based on their preferences.
- 1000Hz Polling Rate on PC: Experience ultra-responsive gaming with a 1000Hz polling rate on PC, available through both wired and 2.4G wireless connections. This ensures instantaneous input registration, reducing lag and optimizing your performance for the most competitive gameplay.
- GameSir Nexus App: The G7 Pro is compatible with the upgraded GameSir Nexus app, which brings a significant upgrade over the original. It introduces powerful new features such as gyro settings, stick curve adjustments, and button-to-mouse mapping, giving you deeper customization and more control than ever before.
In the same release, PIF Deputy Governor and Head of International Investments Turqi Alnowaiser described entertainment and sports as strategic focus areas for PIF. Silver Lake CEO and Managing Partner Egon Durban spoke about investment in EA’s growth and AI, while Affinity Partners CEO Jared Kushner discussed supporting EA’s reach and audience. These are attributed statements from the buyers and EA, not confirmed operational plans or outcomes. The closing announcement contains their remarks.
Quick Recap
Best Value
- Multi-Platform PC Gaming Controller: Working with Switch, PC, Android, and iOS devices via Bluetooth, wired, and wireless dongle connections.
- Hall Effect Joysticks: Delivering enhanced recentering performance for smoother control and superior anti-drift capability. Plus, with anti-friction rings.
- 2-Way Trigger Lock: With trigger stops, gamers can toggle between short and long pull positions. Additionally, gamers can activate hair trigger mode by pressing M+LT/RT (triggers must be in the long pull position).
- 1000Hz Polling Rate: This ensures that your inputs are registered almost instantaneously, minimizing lag and maximizing your performance during competitive play.
- Mechanical Circular D-pad: Designed for quick reactions and accuracy in every direction, this D-pad elevates your gaming experience with superior responsiveness.
Rank #4
- XBOX WIRELESS CONTROLLER + USB-C CABLE — Includes the XBOX Wireless Controller in Carbon Black and a 9' USB-C cable. Play wirelessly or plug in for a wired gaming experience, right out of the box.*
- WIRED OR WIRELESS, YOUR CALL — Connect the included 9' USB-C cable for zero-setup wired play on console and PC. Go wireless when you want the freedom to play from the couch, the desk, or anywhere in between.
- PC READY. NO EXTRAS NEEDED — Plug the USB-C cable into your Windows PC and you're playing instantly. No adapters, no Bluetooth pairing, no additional purchases required. Works across the XBOX app, Steam, and more.*
- MODERNIZED DESIGN — Experience sculpted surfaces and refined geometry designed around how you actually hold a controller. Stay on target with a hybrid D-pad and textured grip on the triggers, bumpers, and back case.
- UP TO 40 HOURS OF BATTERY LIFE — Get up to 40 hours of wireless battery life on standard AA batteries. When the batteries run low, plug in the included cable and keep playing without missing a beat.*
Rank #3
- Versatile compatibility: supports Xbox Series X/S, Xbox One X/S consoles and PC Win10 and above (including the game platform Steam).
- Precise control: features Hall joysticks and Hall triggers for a comfortable feeling, long service life and improved game accuracy.
- Plug and Play Convenience: Wired USB connection (removable) for easy setup and instant play without the need for additional drivers.
- Customizable experience: Includes 2 custom backbuttons that allow users to eliminate false triggers and improve their gaming experience.
- Impressive gameplay: Provides a pulsating vibration trigger and an asymmetric vibration grip motor for intense tactile feedback.
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