Electronic Arts is becoming deprived in a control of $ 55 billion Jared Kushner – Saudi

In a somewhat surprising team, Jared Kushner and the Sovereign Fund for Saudi Arabia come together to buy giant video game electronic arts for 55 billion drug dollars.

EA announced today that it had agreed to be deprived by a group of investors who includes the Private Capital-Investment Company Affinity Partners, the public investment fund of Saudi Arabia (PIF) and the investment company Silver Lake. The group plans to pay the shareholders $ 210 per cash action.

The agreement occurs while the game industry has seen younger players gravitate more towards mobile and free tubes like Fortnite and Roblox, rather than expensive and cost -based blockbusters based on EA franchise is known. Founded in 1982 by the former execution of the Hawkins trip, EA built mega-series such as FIFA and Madden NFL sports franchises, as well as the emblematic life simulator. Battlefield 6The next episode of the company’s first person’s first -person shooter series, DROPS next month.

EA CEO Andrew Wilson, who will remain after the sale, tried to calm the nerves of the coming coming.

In a memo to the staff, Wilson described the agreement one of the largest investments ever made in the entertainment industry.

“Our new partners provide in -depth experience in sports, games and entertainment. They are committed with conviction to EA – they believe in our people, our leadership and the long -term vision that we are now building together, ”wrote Wilson.

The public investment fund of Saudi Arabia already has almost 10% EA, a participation that it arrives in the New Deal. The fund has been on a wave of game purchase in recent years. In 2021, he launched Savvy Games Group to manage a planned thrust of $ 38 billion in the industry. Savvy has since acquired companies like Scopely, the studio behind Monopoly. And then earlier this year, Scopely herself bought the Niantic game division, the manufacturers of Pokémon Go.

These movements could refer to where the new owners want to direct EA. By taking private enterprise, they can make major changes without considering the quarterly market reactions.

The agreement should conclude in the first quarter of the 2027 fiscal year, the date on which EA would be withdrawn from public trade.

Shareholders and regulators must still sign, although regulatory approval can be easier in a Trump administration adapted to businesses, in particular with the President’s son -in -law among investors.

“Electronic Arts is an extraordinary company with a world class management team and a daring vision for the future. I admired their ability to create emblematic and lasting experiences, and as a person who grew up playing their games – and I appreciate them now with his children – I could not be more enthusiastic about what is ahead,” Kushner said in a press release.