EA, Saudi Arabia
Digest more
Here's what to know about the deal and EA's Austin operations: EA, best known for video games like "Madden NFL," "Battlefield," and "The Sims," has operated in Austin since 1992. In 2016, the company consolidated several of its business units into a single campus at 7700 W. Parmer Lane in northwest Austin.
This morning's announcement that EA plans to sell itself to a consortium of private equity firms is one of the biggest business stories of the year. The $55 billion deal is the largest leveraged buyout in history and will send ripples through the world of high finance, both within and outside the gaming sector.
Andrew Wilson has helmed the video-game company since 2013 and will remain CEO after the deal closes.
Electronic Arts has for years been coveted by Saudi Arabia’s sovereign wealth fund and the billionaire dealmaker Egon Durban. But it was Donald Trump’s son-in-law Jared Kushner who unlocked its $55bn takeover.
EA is reportedly considering going private at a valuation of $50 billion. Here's why going private could prove positive for Electronic Arts.
Electronic Arts (EA), the US video game company today has entered into a definitive agreement to be acquired by an investor consortium comprised of PIF, Silver
EA FC 26 highlights the impactful Whipped Pass playstyle, enabling players to make curved passes and crosses. This article identifies and ranks the te
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout fu