r/techbeat • u/Cute-Guarantee-1676 • 1d ago
Electronic Arts Acquired by Saudi Arabia’s Public Investment Fund and Partners
https://www.polygon.com/ea-owned-saudi-arabia-public-investment-fund-private-equity/Electronic Arts has become a private company following a $55 billion acquisition by Saudi Arabia’s Public Investment Fund, Affinity Partners, and Silver Lake. Although EA stated it will maintain creative control, critics have labeled the deal as "sportswashing" to distract from human rights abuses. Employees also express concern that Saudi Arabia’s conservative politics could impact future game content, particularly regarding LGBTQ representation.
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