EA To Be Sold In $55 Billion Deal To Saudi PIF, Silver Lake & More

[Dead2009]

411MANIA | EA To Be Sold In $55 Billion Deal To Saudi PIF, Silver Lake & More

Electronic Arts is going private, with the video game giant announcing they've been sold to PIF, Silver Lake, and Affinity Partners in a $55 billion deal.

411mania.com

Electronic Arts is going private, with the video game giant announcing they’ve been sold to PIF, Silver Lake, and Affinity Partners in a $55 billion deal. EA announced on Monday that they’ve entered an agreement to be sold by an investor consortium comprised of Saudi Arabia’s Public Investment Fund, Silver Lake, and the Jared Kushiner-founded Affinity Partners in an all-cash deal that takes the company private.

 

[Cam's iconCam]

I was discouraged when I saw this news headline the other day. I guess there's potential for games to improve, but I would assume they're just going to further push microtransactions. I can't imagine how much they're already making off Ultimate Team for Madden, CFB, FC, etc.