Electronic Arts is officially a private company, with the publisher announcing today that its acquisition by PIF, Silver Lake, and Affinity Partners has successfully closed. The deal, which we covered when it was announced on September 29, 2025, values EA at approximately $55 billion and stands as what the company has called the largest all-cash sponsor take-private investment in history. EA stockholders approved the transaction at a special meeting on December 22, 2025, and with the close complete, they will receive $210 in cash for each share of EA common stock held as of the closing. EA’s common stock has ceased trading and will be delisted from NASDAQ.
Alongside the close, CEO Andrew Wilson shared a letter with employees, published on EA’s site, that lays out a new leadership structure for the privately held company. Wilson remains Chairman and CEO, and he announced that Cam Weber will serve as President and Chief Studios Officer while David Tinson takes on the role of President and Chief Operating Officer. Wilson credited both with helping lead EA through some of its most transformative moments, and wrote that the company’s mission, To Inspire the World to Play, remains unchanged.
As for what the new owners plan to do, the statements so far stick to broad strokes. Wilson said the company will “invest boldly, accelerate innovation,” and build the next generation of games and experiences, while PIF’s Turqi Alnowaiser pointed to entertainment and sports as key strategic focus areas for the fund, which has been a minority investor in EA for more than five years. Silver Lake CEO Egon Durban said the firm plans to invest heavily in EA’s growth, “including what AI can do to enhance game development and player experience.” Affinity Partners CEO Jared Kushner added that the firm is excited to support EA as it reaches new audiences and expands how people connect through play.
No layoffs, studio changes, or shifts to EA’s release slate were announced as part of the closing, at least not yet. For now, the concrete changes are at the top: a delisted stock, a three-member ownership group, and a new leadership structure under Wilson, Weber, and Tinson as EA operates outside the public markets for the first time in decades.