business
Video game giant Electronic Arts closes $55 billion go-private sale of its business
Summary by The Los Angeles Editorial Desk AP , as published by ABC7 Los Angeles (KABC)
· August 5, 2026
· 1 min read
Photo: ABC7 Los Angeles (KABC) · view original
Story provenance No corrections
Summary created by The Los Angeles Editorial Desk — automated, rule-governed Byline on source page AP, as published by ABC7 Los Angeles (KABC) Original story Read at the source Source published Aug 5, 2026 Indexed here Aug 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Further details about the sale can be found through ABC7 Los Angeles, which reported on the announcement made by Electronic Arts.
A major development has occurred in the video game industry, with Electronic Arts announcing the closure of a significant sale. The company's business has been sold for $55 billion. The buyers include Saudi Arabia's sovereign wealth fund PIF and investment firm Silver Lake Partners.
Affinity Partners, which is associated with a member of the US President's family, is also involved in the purchase. Further details about the sale can be found through ABC7 Los Angeles , which reported on the announcement made by Electronic Arts.
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Category: business Published: August 5, 2026 Source: ABC7 Los Angeles (KABC) Reading time: 1 min
Frequently asked about this story
What is this story about? A major development has occurred in the video game industry, with Electronic Arts announcing the closure of a significant sale. The company's business has been sold for $55 billion. The buyers…
When was this published? This article was first published on August 5, 2026 by ABC7 Los Angeles (KABC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by AP at ABC7 Los Angeles (KABC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
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