Saudi Arabia's PIF Completes $55 Billion Acquisition of EA in Historic Gaming Deal

The European Union approved the Saudi Public Investment Fund's acquisition of Electronic Arts, in partnership with private investment firms, for $55 billion—the largest leveraged buyout in gaming industry history. This landmark deal reflects Saudi Arabia's substantial commitment to investing in gaming and digital entertainment sectors. The EU's approval followed comprehensive regulatory review and clears the final major hurdle toward deal completion. EA's vast portfolio includes iconic franchises like Battlefield, The Sims, and numerous premium sports titles, all of which transfer to PIF ownership. The acquisition marks a transformational moment in gaming consolidation, signaling increasing sovereign wealth fund interest in the industry and reshaping the competitive landscape for publishers and platforms.