**Videogame Revolution: EA Acquired by Saudi Fund in Multi-Billion Dollar Deal**
In a landmark transaction, Electronic Arts (EA) has been acquired by a Saudi investment fund in a deal valued at approximately $55 billion. This acquisition marks a significant milestone in the videogame industry, signaling a new chapter for one of the world’s leading gaming companies.
The deal is expected to close in early 2026 and is subject to approval from EA shareholders as well as regulatory authorities. Once finalized, the acquisition will position the Saudi fund as a major player in the global gaming market.
EA, widely recognized for its popular sports gaming titles under the EA Sports brand, remains a key innovator in the industry. The company’s logo, as seen in illustrations and official imagery, symbolizes its strong market presence and influence.
*Photo credit: REUTERS/DADO RUVIC/ILLUSTRATION/FILE PHOTO (August 10, 2022)*
By ADNKRONOS INTERNATIONAL/TNS
[Loading…]
https://www.jpost.com/international/article-869024