EA Reportedly Could Suffer Mass Layoffs In Wake Of Saudi Arabia PIF Acquisition
EA could be set to introduce major layoffs following its acquisition by the Saudi Arabia PIF, as the company looks to reduce its annual costs.
EA could be set to introduce major layoffs following its acquisition by the Saudi Arabia PIF, as the company looks to reduce its annual costs.
Saudi Arabia’s Public Investment Fund just bought Electronic Arts for $55 billion. The largest leveraged buyout in history. 99% of …
A new 21+ age rating in Saudi Arabia and the UAE has secured Grand Theft Auto V a release in the region 12 years after it originally launched.
Saudi Arabia has reportedly banned the release of Kingdom Come Deliverance 2 due to its inclusion of an unskippable LGBTQ sequence.
A major player at SNK has insisted that the Saudi Arabia sale will have no impact on the games they make.
The Crown Prince of Saudi Arabia is reportedly now the largest stockholder in SNK, after a deal was made with the Electronic Gaming Development Company.
EA is now officially owned by the Saudi Arabia Public Investment Fund, with the $55 billion takeover now complete.
The Saudi Arabia Public Investment Fund will have near-full control of EA once the $55 billion deal is complete, despite it involving a group of private investors.
Capcom’s fantasy-RPG sequel Dragon’s Dogma II has been rated in Saudi Arabia, suggesting a release isn’t too far off.
The mystery partner who backed out of Embracer Group’s failed $2 billion partnership deal is claimed to be the Saudia Arabia-funded Savvy Games.