Get all your news in one place.
100's of premium titles.
One app.
Start reading
GamesRadar
GamesRadar
Technology
Catherine Lewis

Ex-BioWare veteran says EA's $55 billion buyout is "likely going to mean layoffs and studio closures and a dramatic reduction in people" thanks to that looming $20 billion of debt

Dragon Age: The Veilguard screenshot of Solas.

Former BioWare executive producer Mark Darrah has been sharing his thoughts on the $55 billion EA buyout, suggesting that the $20 billion of debt that the company will take on if the deal goes through is – like many fear – "likely going to mean layoffs and studio closures."

Although the acquisition is "subject to customary closing conditions, including receipt of required regulatory approvals and approval by EA stockholders," it's expected to close in the first quarter of FY2027. The buyers are investment firms Affinity Partners and Silver Lake, as well as Saudi Arabia's Public Investment Fund (PIF).

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.