Electronic Arts has officially become a private company after Saudi Arabia's Public Investment Fund (PIF) finalized its acquisition of the video game publisher.
The transaction, valued at $55 billion, marks the conclusion of a complex regulatory process that saw the deal clear major global hurdles, including antitrust approval from the European Commission.
The move removes EA from public markets, ending its listing on the New York Stock Exchange under the ticker EA.O.
The privatization follows months of regulatory scrutiny, with the European Union granting its blessing earlier in the process, clearing the path for the consortium to close the deal.
This acquisition represents one of the largest takeovers in the gaming industry, reflecting Saudi Arabia's broader strategy to diversify its economy and build a significant footprint in the global entertainment sector.
The PIF-led consortium has been aggressive in its pursuit of gaming assets, aiming to consolidate influence in a market dominated by a few major players.