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PC Gamer
PC Gamer
Andy Chalk

The deal is done: Electronic Arts is now officially owned by Saudi Arabia

Andrew Wilson, chief executive officer of Electronic Arts Inc. (EA), smiles during the Wall Street Journal Tech Live global technology conference in Laguna Beach, California, U.S., on Monday, Oct. 21, 2019. The event brings together investors, founders, and executives to foster innovation and drive growth within the tech industry. Photographer: Martina Albertazzi/Bloomberg via Getty Images.

And now it's official: Electronic Arts, one of the most storied publishers in videogame history, has been fully acquired by a consortium made up of Saudi Arabia's Public Investment Fund and investment firms Silver Lake and Affinity Partners. EA said in a press release that the takeover "brings long-term capital, sector expertise, and strategic support" to the company, which is now "positioned to accelerate creativity and innovation to shape the future of entertainment."

"This moment recognizes the extraordinary people whose creativity, ambition and passion have made EA one of the world's leading interactive entertainment companies," Electronic Arts CEO and chairman Andrew Wilson said in a statement.

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