Electronic Arts is private again. The company confirmed on August 4, 2026 that its acquisition by Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners closed, with stockholders getting $210 in cash per share and EA common stock headed off NASDAQ.
The harder question landed with the debt stack, not the press release. Bloomberg reported during the buyout financing that EA pitched debt investors roughly $700 million in projected annual cost savings, including $170 million labeled "organizational efficiencies." In leveraged-buyout English, that line is usually headcount.
What closed, and what did not
| Item | Status |
|---|---|
| Take-private close (PIF, Silver Lake, Affinity) | Confirmed by EA on Aug 4, 2026 |
| Cash to public stockholders | $210 per share |
| NASDAQ delisting | Confirmed in EA's close release |
| ~$700M annual cost-savings pitch to debt investors | Reported by Bloomberg during financing |
| $170M "organizational efficiencies" | Part of that Bloomberg-reported pitch |
| Official layoff count or studio hit list | Not announced |
EA's own close messaging stayed optimistic. CEO Andrew Wilson framed the private chapter as investment, not triage:
We're entering this next chapter from a position of strength with partners who share our vision and ambition. Together, we'll invest boldly, accelerate innovation, and build the next generation of games and experiences for the hundreds of millions of players and fans who inspire us every day.
His employee letter the same day named Cam Weber as President and Chief Studios Officer and David Tinson as President and Chief Operating Officer. Neither document published a restructuring target.
