Major video game publishing firm Electronic Arts Inc. NASDAQ: EA, known for franchises including FIFA and Battlefield, drew headlines in late September when it announced it would be acquired in an all-cash deal worth a whopping $55 billion. The investor consortium acquiring the company, which includes Silver Lake, Affinity Partners, and the Saudi government's sovereign wealth fund, plans to tak...
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Today, Electronic Arts Inc. (NASDAQ: EA) announced a new strategic partnership between EA SPORTS, the global leader in interactive sports entertainment, and The Athletic, the world's leader in sports journalism, to reimagine sports content for the next generation of fans worldwide in the new EA SPORTS App. Fans can now get closer to a wide range of content...
Recently, some major mergers and acquisitions (M&A) news has had some influence on the price performance of Take-Two Interactive Software (TTWO 0.51%). I'm talking, of course, about Electronic Arts' (NASDAQ: EA) announced plans to go private, in a $55 billion leveraged buyout transaction.
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #NHL26--Electronic Arts Inc. (NASDAQ: EA) today announced a first-of-its-kind collaboration with Prime Video, bringing season 2 of the hit docuseries “FACEOFF: Inside the NHL” directly into EA SPORTS™ NHL® 26. To celebrate the start of the hockey season, NHL® 26 is launching a two-week, can't-miss HUT event inspired by the series, where players can earn t...
EA has long faced gamer backlash over microtransactions, loot boxes, and lack of innovation. Going private could allow the firm more creative freedom, but analysts warn that being $20 billion in debt could push EA to double down on live-service models.
Video game publisher Electronic Arts (EA), one of the biggest video game companies in the world behind games such as The Sims and Battlefield, has been sold to a consortium of buyers for US$55 billion (about A$83 billion). It is potentially the largest-ever buyout funded by private equity firms.
Electronic Arts' record $55-billion leveraged buyout by Saudi Arabia's sovereign wealth fund and two other firms marks a turning point in the videogame industry, as companies look to capitalize on intellectual property through media crossovers.
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