date

EA to Be Privatized as $55 Billion Deal Approved

EA to Be Privatized: $55 Billion Deal Approved
A consortium of investors from Saudi Arabia and major private equity firms in the United States have reached an agreement to acquire the world-renowned video game publisher Electronic Arts (EA). This was reported by Bloomberg, citing sources familiar with the matter.

According to reports, the investors include Jared Kushner, son-in-law of former U.S. President Donald Trump. The deal, approved by the company's shareholders, is valued at $55 billion, making it one of the largest technology deals in recent years.

Bloomberg notes that EA's privatization opens new opportunities for the company. Developers will no longer be obligated to report quarterly to public markets, allowing them to focus on game quality, creative freedom, and long-term projects.

Founded in 1982 in the United States, Electronic Arts is currently one of the largest video game publishers in the world. The company boasts millions of fans through popular game series such as FIFA / EA Sports FC, The Sims, Battlefield, and Apex Legends.

Additionally, EA has released games like Need for Speed, Command & Conquer, and Strike over different time periods. The company remains a leader in sports simulators, AAA projects, and long-term online service support.

Experts believe this deal could take EA to a new level, further strengthening the company's strategy and market position.

Ctrl
Enter
Found a mistake?
Select the phrase and press Ctrl+Enter
Information
Users of Меҳмон are not allowed to comment this publication.
News » World » EA to Be Privatized as $55 Billion Deal Approved