Electronic Arts will close its $55 billion deal to go private on August 4, 2026, ending its 35-year run as a public company.
Electronic Arts will officially close its $55 billion merger to go private on August 4, 2026, following the receipt of all necessary regulatory approvals. The company announced the deal, which marks the end of its 35-year history as a publicly traded entity, will be acquired by a consortium including the Saudi Arabia Public Investment Fund, Silver Lake, and Affinity Partners. Under the agreement, the Saudi Arabia Public Investment Fund will allegedly own over 93.4% of the company. Despite recent industry shifts, Electronic Arts has seen significant success with the release of Battlefield 6, which contributed to a net income increase of 81.5% to $461 million. While the company has undergone recent layoffs and studio closures, it remains a global leader in gaming with franchises such as EA Sports and The Sims. The merger will be led by Andrew Wilson, who will continue to serve as CEO, and the headquarters will remain in Redwood City, California.