Saudi Fund, Silver Lake, Kushner's Affinity Complete $55B EA Takeover

Electronic Arts (EA) has finalized its acquisition by a consortium including Saudi Arabia's Public Investment Fund (PIF), private equity firm Silver Lake, and Affinity Partners, led by Jared Kushner. The $55 billion deal closed on Tuesday, as reported by CNBC. This marks one of the largest takeovers in the gaming industry, with significant implications for the sector's future direction. The involvement of the Saudi sovereign wealth fund underscores the kingdom's expanding footprint in global entertainment and technology investments. Jared Kushner's Affinity Partners, backed by PIF capital, has been active in high-profile deals, and this acquisition further cements its role in major financial transactions. The completion of the deal signals a new era for EA, with potential shifts in strategy and leadership under the new ownership structure.