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Video game manufacturer Electronic Arts – Sims, Madel NFL, Plants vs. Zombies and more – may soon be private with a $ 50 billion evaluation.
Potential deal, reported by earlier The Wall Street Journal, Will mark the largest leveraged byout in history. Sources told Reuters on Friday that a group of private equity firm Silver Lake, Saudi Arabia’s public investment funds and a group of investors, including Efficient Partners of Jredar Kushner, could unveil a deal for the publisher.
Shares of electronic arts, known as EA, closed about 15% more on Friday. The EA Private Getting deal will mark even more consolidation within the industry, the Titans such as the Titans such as the Titans Blizzard and Zinga swoop by even more large firms, further reduced the number of listed. Video game companies.
The EA is headquartered in Redwood City, California. Currently the public company was established in 1982 as per its website.
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Visitors play the EA Sports FC25 at the Gamescom Computer Gaming Fair on Opening Day on Wednesday, August 21, 2024 in Colon, Germany. (Alex Cross / Bloomberg / Getty Images)
“We make stories and provide amazing experiences that echo with audiences around the world and have influence in communities where we live, work and play,” EA website They say.
“Our values and vision as a global company continues to create a welcome workplace, promote inclusive communities, invest in the next generation new -intellectuals and artists and pursue our environmental initiative,” this continues.
Fox Business reached EA to comment on possible purchase, but he did not immediately respond.
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The EA Sports FC 25 was displayed on a TV screen and a dualscent controller was seen in this portrayal photo taken on 30 September 2024 in Poland. (Jakub porzycki / nurphoto / gati images)
The company’s most recent income results said that its financial year “strong” started.
Electronic Arts CEO Andrew Wilson said in a statement, “We made a strong start for FY26, which would be the most exciting launch slate in EA history, performing better than expectations.” “From deepening the player’s engagement in EA sports Battlefield 6 And skate., We are increasing our global communities and continue to shape the future of interactive entertainment. ,
Electronic Arts headquarters at Redwood City, California, US on Tuesday, July 18, 2023. (David Paul Morris / Bloomberg / Getty Images)
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The pure revenue for the first quarter of the company’s financial year 2026, which ended on 30 June, showed that its net revenue was $ 1.671 billion.
The EA’s next earning conference call is scheduled for October 28.
Reuters contributed to this report.
