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EA’s $55 Billion Acquisition by PIF and Partners Has Closed

EA’s acquisition by PIF, Silver Lake and Affinity Partners closed on August 4, 2026. Shareholders were to receive $210 per share, while the announced enterprise value was approximately $55 billion.
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Electronic Arts’ approximately $55 billion acquisition is complete. EA announced on August 4, 2026, that it had been acquired by a consortium of Saudi Arabia’s Public Investment Fund (PIF), Silver Lake and Affinity Partners. EA shareholders were to receive $210 in cash per share, and EA’s common stock ceased trading and was to be delisted from NASDAQ.

Did the EA acquisition close?

Yes. EA announced the agreement on September 29, 2025, and said the transaction closed on August 4, 2026. The 2025 announcement described a planned acquisition; the August 2026 announcement confirmed that it had been completed. EA’s announcement of the agreement and closing

Who bought Electronic Arts?

The acquiring consortium consists of Saudi Arabia’s Public Investment Fund (PIF), Silver Lake and Affinity Partners. PIF already held a 9.9% stake in EA and agreed to roll that stake into the transaction, according to EA’s announcement.

What does the $55 billion figure mean?

EA described the announced deal as an all-cash transaction with an enterprise value of approximately $55 billion. That figure is not the cash payment to each shareholder: the announced consideration was $210 for each EA common share. EA said the $210 offer was a 25% premium to its September 25, 2025 closing price of $168.32, which it identified as the last fully unaffected trading day before the deal announcement. EA’s transaction announcement

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In its filed announcement, EA described the financing as approximately $36 billion in equity investment, including PIF’s rollover, and $20 billion in debt financing committed by JPMorgan Chase Bank, with $18 billion expected to be funded at closing. EA later said the merger was not subject to a financing condition. EA’s filed transaction announcement

What happens to EA stock?

At closing, EA said holders would receive $210 in cash for each share they held as of the closing. EA also said its common stock ceased trading and would be delisted from NASDAQ. The cited company announcements do not specify the tax treatment or account-processing details for any particular shareholder; those can depend on individual circumstances.

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What has EA said about its plans after the deal?

At closing, EA CEO Andrew Wilson said the company would “invest boldly, accelerate innovation, and build the next generation of games and experiences.” Silver Lake CEO Egon Durban said the consortium intended to invest in EA’s growth, including exploring how AI could enhance game development and player experience. These are statements of the parties’ intentions, not evidence of particular future investments, game releases or changes for players. EA’s closing announcement

EA reported approximately $7.5 billion in GAAP net revenue for fiscal year 2026. That is company-reported revenue, not the acquisition price or the amount shareholders received. EA’s closing announcement

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  • DYNASTY BLUEPRINT – Control your program’s future with recruiting, NIL, staff, facilities, and Athletic Director Expectations..
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