‘Madden’ and ‘Apex Legends’ Publisher Is Now Officially Owned by Saudi Arabia
… The Public Investment Fund is a state-owned sovereign wealth fund of Saudi Arabia. …
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Who is involved in the deal?
The three partners in the deal are the PIF, Silver Lake, and Affinity Partners. Silver Lake is a tech-focused investment firm based in New York City and Menlo Park, California. It was founded in 1999, and as of Dec. 31, 2025, had $102 billion in assets under management (AUM), putting it in the top 25 private equity firms by AUM. Affinity Partners is an American investment firm founded in 2021 by Jared Kushner, who is Donald Trump’s son-in-law. It had $5.4 billion in AUM as of 2025. The firm is overwhelmingly financed by Saudi Arabia’s Public Investment Fund, and has been the subject of controv
‘Madden’ and ‘Apex Legends’ Publisher Is Now Officially Owned by Saudi ArabiaMass layoffs may be in EA's near future after leveraged buyout raises company debt by $18 billion
Sign in to your Polygon.com account Private investors, including Saudi Arabia's Public Investment Fund, private equity fund Silver Lake, and Affinity Partners have completed a leveraged buyout of Electronic Arts , loading the now-private company with debt. …
GDQ cancels SNK-associated event after massive backlash over Saudi ties
… SNK is 96% owned by the Saudi Arabian government’s Public Investment Fund PIF , a sovereign wealth fund estimated at $900 billion. …
Letterboxd crowdfunding campaign hopes to save beloved rating site from venture capitalists
… The additional funds now being raised will go toward the investment in an offer to buy Letterboxd. …
Elden Ring dev's future in question, thanks to investors with terrible ideas
… Over the last week, Kadokawa has been pulled into a messy public battle with Oasis Management, an investor that owns 13.76% of Kadokawa's shares, according to an FAQ from the investment company . …
The second biggest purchase in video game history just got closer to happening
Sign in to your Polygon.com account Saudi Arabia’s Public Investment Fund PIF just got one step closer to acquiring Electronic Arts in a massive $55 billion deal . …
EA's Beloved Sci-fi Game Series in Doubt Under New Owners
… Saudi Arabia’s Public Investment Fund PIF , Jared Kushner’s Affinity Partners, and the investment firm Silver Lake recently acquired EA for $55 billion . …
Battlefield 6 devs get laid off while EA CEO gets $38M payday from hit game
… Saudi Arabia’s Public Investment Fund is in the midst of acquiring EA in a $55 billion transaction that also includes private equity fund Silver Lake and Jared Kushner’s Affinity Partners. …
Every Studio Owned by EA, Now That the $55B Saudi Deal Has Cleared
… The venerable American game developer was purchased by a group of buyers that includes the Saudi Arabian government’s Public Investment Fund PIF and two investment firms: Affinity Partners and Silver Lake. …
Xbox cuts 5 studios in bloodiest beginning yet for its new gaming era
… That includes "shifting investment to focus on higher priority projects," which likely means game cancellations. That said, "None of our first-party publicly announced games or projects are being cancelled as part of these reductions," Sharma explained. …