Electronic arts are particularly running in Jared Kushner -Sodi acquisition of $ 55 billion

In a somewhat amazing team, Jard Kushner and Saudi’s Sovereign Wealth Fund joins together to buy giant electronic arts at $ 55 billion.

EA Declare Today, I agreed to be special by a group of investors that include Kushner’s Affinity Partners, the General Investment Fund in the Kingdom of Saudi Arabia (PIF), and the investment company Silver Lake. The group plans to pay the shareholders of $ 210 per share in cash.

The deal comes at a time when the game industry witnessed that you are homogeneous players towards mobile and free visits to play such as Fortnite and Roblox, instead of films that depend on their privilege. EA was founded in 1982 by Exple Exec Trip Hawkins, EA built a huge chain such as FIFA and Madden NFL, as well as the SIMS iconic life simulation. Battlefield 6The next batch in the company’s first person’s shooting chain, declining next month.

Andrew Wilson, CEO of EA, who will remain after the sale, tried to calm the nerves about getting rid of the next.

in note For employees, Wilson described the agreement one of the largest investments made ever in the entertainment industry.

“Our new partners bring deep experience through sports, games and entertainment. They are committed to the condemnation of EA-they believe in our people, our leadership, and the long-term vision that we now build,” Wilson wrote.

The General Investment Fund in the Kingdom of Saudi Arabia already has approximately 10 % of EA, a stake revolving around the new deal. The box has been on the purchase of games in recent years. In 2021, the Savvy Games Game was launched to manage a chart 38 billion dollars paid to the industry. SAVVY has since acquired companies like Scopely, the studio behind The monopoly of going. Then earlier this year, Scopely bought itselfManufacturer Pokemon goes.

These movements can hint where the new owners want to direct EA. By taking the private company, they can make major changes without considering the quarterly market reactions.

The deal is scheduled to be closed in the first quarter of the fiscal year 2027, and on this point EA will be removed from public trading.

Contributions and organizers still need to sign, although organizational approval may be easier in the Trump-friendly Trump administration-especially with the president’s son-in-law.

“Electronic Arts is an extraordinary company with a world-class global management team and a bold vision for the future. I admired their ability to create initial and durable experiences, and just as someone who grew up in playing their games-now enjoy his children-was not more excited what awaits us,” Kushner said in a press statement.