Electronic Arts has officially been sold for $55 billion, with the company going private in the second-largest deal in gaming history.

EA’s sale goes to a collective consisting of the Saudi Arabia Public Investment Fund (PIF), Silver Lake Partners, and Affinity Partners, a private equity firm owned by President Donald Trump’s son-in-law Jared Kushner.

The news was shared today in a press release that contained quotes from all three of the new owners, including Kushner himself:

âEA has created stories, characters, and communities that have become part of everyday life for hundreds of millions of people,â said Jared Kushner, Chief Executive Officer of Affinity Partners. âWe’re excited to support the company as it continues to reach new audiences, inspire the next generation of creators, and expand the ways people around the world connect through play.â

âHaving been a minority investor in the company for more than five years, we have a deep understanding of EAâs unique platform, massive global sports and gaming franchises, and iconic IP,â said Turqi Alnowaiser, Deputy Governor and Head of International Investments at PIF. âEntertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world. Together, the Consortium is uniquely positioned to be a long-term partner to EAâs management team in driving sustained growth and innovation for EA and the industry.â

âEAâs franchises are some of the most beloved in entertainment, combining exceptional creative talent with a relentless focus on players,â said Egon Durban, CEO and Managing Partner of Silver Lake. âAs long-term investors in technology, we admire how EAâs innovation fuels imagination and human connection. Weâre proud to join with PIF and Affinity Partners to invest heavily in EAâs growth, including what AI can do to enhance game development and player experience, and excited to partner with Andrew and the EA team as they raise the bar for fans everywhere.â

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