Electronic Arts (EA) will go private after a historic ₱3.2 trillion acquisition. It is one of the largest buyouts in the gaming industry, backed by Saudi Arabia, Silver Lake, and Affinity Partners led by Jared Kushner. The move will end EA's 36-year history as a public company.
EA stockholders will receive ₱11,550 per share, a 25% premium over the price before the deal was announced. The purpose of the purchase is to give EA the freedom to make long-term plans and invest in innovation without pressure from the public and quarterly reports.
The gaming industry continues to grow and many foreign investors are showing interest. For Saudi Arabia, this is their biggest step in the gaming sector. However, there are also concerns from some gamers about the possible impact this could have on their favorite franchises, especially given the human rights issues in Saudi Arabia.
The transaction is expected to close in the first half of fiscal year 2027, subject to regulatory approval. It will usher in a new era for EA and potentially change the direction of gaming worldwide.
