Electronic Arts has been acquired by a consortium of the Public Investment Fund (PIF), Silver Lake and Affinity Partners. The deal closed on August 4, 2026. Its announced value was approximately $55 billion in enterprise value—not $50 billion—and EA stockholders were to receive $210 per share in cash under the original terms.
Who bought Electronic Arts?
The buyers are PIF, Silver Lake and Affinity Partners. Electronic Arts and PIF confirmed the completed acquisition on August 4, 2026. EA described the parties as funds affiliated with Silver Lake and Affinity Partners; PIF also confirmed the consortium’s closing. Electronic Arts’ closing announcement and PIF’s closing notice establish the current status.
The available closing information names the consortium but does not establish each member’s final ownership percentage. It is therefore more accurate to identify the three buyers without assigning them specific stakes.
Is the $50 billion deal final?
Yes. The acquisition is complete, rather than pending or merely reported. EA and PIF announced the successful closing on August 4, 2026. The deal was first announced on September 29, 2025; that earlier announcement described the proposed transaction, while the August 2026 notices confirm it closed.
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Why is the deal described as $55 billion instead of $50 billion?
EA’s September 29, 2025 announcement valued the transaction at approximately $55 billion in enterprise value. That is the deal’s announced enterprise-value measure; it is not the amount paid per share to EA stockholders. The same announcement set the cash consideration at $210 per share. EA’s original transaction announcement and SEC-filed materials provide those terms.
These figures answer different questions: enterprise value describes the announced value of the overall transaction, while $210 per share is the specified cash consideration for each share of EA stock. Calling the $210 payment the enterprise value—or treating the enterprise-value figure as the per-share payout—would conflate the measures.
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How was the acquisition expected to be financed?
The announced financing plan paired approximately $36 billion in equity investment, including PIF’s rollover of its existing EA stake, with $20 billion in committed debt financing from JPMorgan Chase Bank, N.A. The 2025 announcement said $18 billion of that debt was expected to be funded at closing.
Those figures describe the announced structure, not a verified final financing ledger or a reconciliation of funds actually used after closing. They should not be presented as independently confirmed final amounts.
What does the acquisition mean for EA as a company?
EA’s closing announcement lists franchises including EA SPORTS FC, Battlefield, Apex Legends, The Sims, Madden NFL, College Football, Need for Speed, Dragon Age, Titanfall, Plants vs. Zombies and EA SPORTS F1. The company also reported approximately $7.5 billion in fiscal-year 2026 GAAP net revenue. That revenue figure is company-reported and is not the acquisition price. EA’s announcement and financial information provide the company context.
Statements about the deal’s benefits came from the parties involved. For example, Jared Kushner, CEO of Affinity Partners, said EA’s stories, characters and communities had become part of everyday life for hundreds of millions of people. Such remarks are investor commentary, not independent evidence of future business performance; EA’s announcement also cautioned that forward-looking statements about the benefits of closing depend on assumptions and are not guarantees.
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