‘Madden’ and ‘Apex Legends’ Publisher Is Now Officially Owned by Saudi Arabia

Here's everything you need to know about the deal Electronic Arts is no longer a publicly traded company. The Madden maker was just purchased in a joint private equity deal by the Saudi Arabian government’s Public Investment Fund (PIF), Jared Kushner’s Affinity Partners, and Silver Lake. The all-cash transaction is valued at $55 billion. EA announced the completion of the deal on Tuesday. It recently became clear that the deal would proceed after EA filed a document with the U.S. Securities and Exchange Commission confirming that the transaction had received the necessary regulatory approval. “As of July 30, 2026, all regulatory approvals required to complete the Merger have been obtained. Electronic Arts currently expects the Merger to close on or about the close of trading on August 4, 2026,” the document reads. One of the last roadblocks to the deal was the European Commission, which approved the transaction on July 23. 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 mana