Electronic Arts Says It’ll Be A Private Company Next Week


The deal marks the end of EA’s 35-year run as a publicly traded company.

Electronic Arts will close its $55 billion deal to go private by August 4 next week, the company announced in an 8-K Securities and Exchange Commission filing seen by Variety. EA revealed last year that it was being acquired by the Saudi Arabia Public Investment Fund (PIF), Silver Lake and Affinity Partners in the largest leveraged buyout ever. 

“As of July 30, 2026, all regulatory approvals required to complete the Merger have been obtained,” the company wrote. “Electronic Arts currently expects the Merger to close on or about the close of trading on August 4, 2026.” The company will continue to be led by CEO Andrew Wilson and its headquarters will remain in Redwood City, California. 

The deal, closing about a month later than planned, marks the end of Electronic Arts’ 35-year run as a publicly traded company. Like other developers, studios and publishers, EA was roiled by forces that have upended the video game industry. Over the past few years, EA has laid off employees, canceled upcoming games, closed studios and shelved the Need for Speed franchise. 

However, the company has been on a high of late, with Battlefield 6 becoming a huge hit since its release last October. Electronic Arts is one of the world’s largest gaming companies with revenue last year of $7.5 billion and a stable of franchises including EA Sports, The Sims, Madden NFL, Titanfall and EA Sports FC. EA’s involvement with FIFA soccer ceased in 2023, of course, which is newly interesting in light of FIFA’s recent botched private equity drive.



Source link

  • Related Posts

    You Don’t Have To Turn Off Your Phone To Switch SIM Cards (But You Probably Should)

    A quick step removes the small chance of anything going wrong and requiring more of your time. Mikhail Artamonov/Shutterstock If your phone has a SIM tray, it’s not…

    Continue reading
    Disneyland and Disney World: New Lands, Rides and Areas in 2026 and Beyond

    After finally wrapping up its yearlong 70th anniversary celebrations, Disneyland is looking ahead to the future. Disney is building three new rides at its California parks and revealed new details about…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Texas in freefall as Steve Sarkisian must make wholesale changes: Week 7 overreactions

    Texas in freefall as Steve Sarkisian must make wholesale changes: Week 7 overreactions

    Report by Mr Bjӧrn Kümmel, Chair of the WHO Sustainable Financing Working Group, to the Seventy-five World Health Assembly

    Report by Mr Bjӧrn Kümmel, Chair of the WHO Sustainable Financing Working Group, to the Seventy-five World Health Assembly

    How Many Hours Can The Airbus A380 Fly Without Refueling?

    How Many Hours Can The Airbus A380 Fly Without Refueling?

    You Don’t Have To Turn Off Your Phone To Switch SIM Cards (But You Probably Should)

    You Don’t Have To Turn Off Your Phone To Switch SIM Cards (But You Probably Should)

    35 Fall Items a Fashion Editor of 10 Years Recommends Buying

    35 Fall Items a Fashion Editor of 10 Years Recommends Buying

    Cult Of The Lamb Summons A Switch 2 Version, Free Upgrade Path Confirmed