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Aug 5, 2026

PIF-led consortium completes $55 billion acquisition of Electronic Arts

A consortium led by Saudi Arabia's Public Investment Fund completed its approximately $55 billion acquisition of video game maker Electronic Arts, advancing the Kingdom's ambitions in the global gaming industry.

Aug 5, 2026·2 sources
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Top claims

  • ▪Electronic Arts faces intensified competition from mobile video game makers, including Epic Games
  • ▪Electronic Arts reported lower than expected revenues on August 3, 2026, citing a decline in engagement with its latest Battlefield game
  • ▪The acquisition of Electronic Arts received shareholder approval on December 22 and final regulatory approval from the European Union shortly before completion

Topics

Saudi Vision 2030

Related entities

Saudi Arabia