EA acquisition set to close on August 4 following approval from required regulatory bodies
EA’s long-running $55 billion acquisition is now set to close on August 4, pending only the remaining customary closing conditions. The deal has cleared the required regulatory bodies, including the EU Commission, which said the merger would not raise competition concerns because of its limited market impact.
For game developers, the practical question is what the new ownership structure means for EA’s priorities and studio operations. The investor group behind the purchase includes Saudi Arabia’s Public Investment Fund, Silver Lake Capital, and Affinity Partners, and EA shareholders already backed the transaction in December. Once the merger closes, the PIF is expected to control more than 93.4% of EA.
EA’s latest financials show why the company remains attractive: net income rose 81.5% to $461 million, while net revenue climbed 12% to $2.1 billion. Much of that momentum came from Battlefield 6, which EA says hit its launch milestones, earned positive reviews, and delivered stable services and gameplay.
That success has not insulated the Battlefield organization from restructuring. In March, layoffs hit four studios involved with the game, and EA said it was making select changes to better align teams around community priorities. With the acquisition nearing completion, developers will be watching closely for further changes to staffing, franchise strategy, and how aggressively EA leans into live-service and feedback-driven development.
“completion of the merger remains subject to the satisfaction or waiver of the remaining customary closing conditions”
- what
- EA’s $55 billion acquisition is set to close on August 4 after regulatory approval.
- who
- The buyer group includes Saudi Arabia’s Public Investment Fund, Silver Lake Capital, and Affinity Partners.
- when
- EU approval came earlier this week; EA filed an SEC form yesterday; closing is targeted for August 4.
- impact
- The ownership change could affect EA’s studio structure, franchise priorities, and staffing decisions.
Deal clears, but ownership change and layoffs add uncertainty.
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