Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Tilly Norwood’s creator insists the AI actor is creating Hollywood jobs despite backlash

    Groyyo Raises Rs. 90 Crore to Expand Its AI-Powered Fashion Supply Chain Platform

    Will Mick Schumacher Get A Second INDYCAR Season?

    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram Pinterest VKontakte
    Sg Latest NewsSg Latest News
    • Home
    • Politics
    • Business
    • Technology
    • Entertainment
    • Health
    • Sports
    Sg Latest NewsSg Latest News
    Home»Technology»It’s official: EA is selling to private equity in $55 billion deal
    Technology

    It’s official: EA is selling to private equity in $55 billion deal

    AdminBy AdminNo Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Saudi Arabia PIF also has significant investments in gaming giants such as Nintendo, Take Two, Activision Blizzard Capcom, Nexon, and Koei Tecmo managed through the Savvy Games Group. In 2023, the PIF backed out of a mulled $2 billion deal for gaming acquisition firm Embracer Group.

    Ivanka Trump and Jared Kushner on the South Lawn of the White House.

    Ivanka Trump and Jared Kushner on the South Lawn of the White House.


    Credit:

    Win McNamee/Getty Images

    Silver Lake was part of the consortium involved in this month’s controversial deal to bring Tiktok under the control of US-based companies. Back in 2013, the private investment firm also helped take computer-maker Dell private in a $25 billion deal.

    Affinity Partners CEO Jared Kushner, the son-in-law of President Trump, said in a statement that he has “admired [EA’s] ability to create iconic, lasting experiences, and as someone who grew up playing their games – and now enjoys them with his kids – I couldn’t be more excited about what’s ahead.”

    EA first went public with an IPO on the NASDAQ stock exchange in 1990, and by 1996 its market cap had risen to $1.61 billion. Last week, the company’s valuation was hovering around $43 billion.

    EA brought in $7.5 billion in revenue in the 2025 fiscal year (ending March 31) on the strength of franchises including Madden NFL, EA Sports FC, Battlefield, The Sims, Dragon Age, and Plants vs. Zombies.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Groyyo Raises Rs. 90 Crore to Expand Its AI-Powered Fashion Supply Chain Platform

    The benefits of a population that is getting older – Latest Technology News – Gaming & PC Tech Magazine

    CoAspire to deliver RAACM-ER for US Navy CHAOS programme

    Ford steers away from Google, picks Apple Maps for new electric cars

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Most Impressive Team Streaks Of The 21st Century: Where Does 2024-26 Spain Rank?

    NBC’s ‘Stumble’ is a mockumentary about a cheer team with plenty of tumbling runs and heart

    Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns

    Judge reverses Trump administration’s cuts of billions of dollars to Harvard University

    Top Reviews
    9.1

    Review: Mi 10 Mobile with Qualcomm Snapdragon 870 Mobile Platform

    By Admin
    8.9

    Comparison of Mobile Phone Providers: 4G Connectivity & Speed

    By Admin
    8.9

    Which LED Lights for Nail Salon Safe? Comparison of Major Brands

    By Admin
    Sg Latest News
    Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
    • Get In Touch
    © 2026 SglatestNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.