EA has officially completed its $55 billion acquisition to an investor group comprised of Saudia Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners.
With rising hardware costs, maybe Microsoft should double down on making Project Helix a premium gaming PC.
The blockbuster buyout of Electronic Arts has been completed, with Saudi Arabia’s Public Investment Fund taking ownership of the gaming giant in the biggest leveraged buyout (LBO) in the history of commerce. The $55 billion deal includes billions in debt for EA, which has prompted fears of massive cost-cutting with projected layoffs, studio closures, and […]
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