Electronic Arts has entered into a definitive agreement to be acquired by a consortium led by the Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The all-cash transaction values EA at approximately $55 billion, marking one of the largest private sponsor take-private acquisitions in history.
Under the terms of the agreement, all EA shareholders will receive $210 per share in cash, representing a roughly 25% premium over EA’s unaffected trading price. PIF will roll over its existing 9.9% stake, while the acquirers will fund the rest via equity and debt financing.

The acquisition has been approved by EA’s board and is expected to close during EA’s fiscal 2027 first quarter, pending regulatory approvals and customary closing conditions. Once finalized, EA will be delisted from public exchanges, and its stock will no longer trade publicly.

EA CEO Andrew Wilson expressed optimism about the future, stating the partnership will accelerate innovation and unlock new opportunities across digital entertainment, sports, and technology. The consortium parties emphasized their belief in EA’s potential to lead in integrating physical and digital entertainment experiences.
