Electronic Arts was privatized for 55 billion dollars

A consortium of investors from Saudi Arabia and major private equity funds from the United States have reached an agreement to acquire the world-renowned video game developer Electronic Arts (EA). This was reported by Zamin.uz.

According to Bloomberg, among the investors is Jared Kushner, the son-in-law of former US President Donald Trump.

The deal, approved by the company's shareholders, is valued at 55 billion dollars. This agreement is considered one of the largest technology deals in recent years.

Bloomberg emphasizes that the privatization of EA will create new opportunities for the company. Developers will no longer be obligated to report to public markets and can focus their attention on improving game quality, expanding creative freedom, and long-term projects.

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

Additionally, EA has released popular games like Need for Speed, Command & Conquer, and Strike. The company holds a leading position in sports simulators, high-level (AAA) projects, and long-term online services.

Experts believe that this deal will help further refine EA’s strategy and strengthen its position in the market.