Electronic Arts, a global leader in interactive entertainment, today announced that its acquisition by PIF, Silver Lake, and Affinity Partners has successfully closed.
“Having been a minority investor in the company for more than five years, we have a deep understanding of Electronic Arts’ unique platform, massive global sports and gaming franchises, and iconic IP,” said Turqi Alnowaiser, Deputy Governor and Head of International Investments at PIF. “Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world. Together, the consortium is uniquely positioned to be a long-term partner to Electronic Arts’ management team in driving sustained growth and innovation for Electronic Arts and the industry.”