Tag: Saudi Arabia

Abandon single-player, move development to Saudi Arabia, “reduce labour”? Experts on what EA’s huge buyout debt could really mean

Abandon single-player, move development…

Last week, the private acquisition of Electronic Arts finally happened. After months of governmental approval and debate, one of…
“Mass layoffs” expected at EA, as $55bn buyout by Saudi Arabia’s PIF and Donald Trump’s son-in-law officially goes through

“Mass layoffs” expected at…

The months-long process of Electronic Art’s acquisition finally came to a close late last night. Read more Source
Apex Legends Tournament Sparks Backlash From Queer Fans And Allies

Apex Legends Tournament Sparks…

Respawn’s hero shooter battle royale Apex Legends is an incredibly inclusive game for the queer community. It has several…
The $55bn private acquisition of Electronic Arts is expected to go ahead

The $55bn private acquisition…

After over a year of tense debate, Electronic Arts has reported it’s achieved “all regulatory approvals” for the proposed…
EU approves Saudi Arabia’s $55bn acquisition of EA, clearing path for largest private leveraged buyout of all time

EU approves Saudi Arabia’s…

The European Union has approved the controversial $55bn acquisition of Electronic Arts by Saudi Arabia’s Public Investment Fund (PIF),…
2 months after killing the Overwatch League, Blizzard teams up with Saudi Arabia's esports org for 'a new era of Overwatch esports'

2 months after killing…

As promised, Blizzard has unveiled “the next chapter” of professional Overwatch esports: The Overwatch Champions Series, a multi-region competitive…
EA’s takeover, the Saudi Arabian Public Investment Fund, and “vanity mega projects”: Human Rights Watch assesses the impact of gaming’s latest controversy

EA’s takeover, the Saudi…

Earlier this week, history was made in both the world of video games and private equity. The trio of…
CEO of EA, home to studios like Maxis and Bioware, claims company’s values will “remain unchanged” following sale to Saudi government, investment firms

CEO of EA, home…

Electronic Arts CEO Andrew Wilson has stated that the company’s values will remain unchanged following a $50bn buyout from…
Crown prince of huge Saudi Arabia charity set to buy 51% stake in SNK

Crown prince of huge…

By Dom Peppiatt, Sunday, 29 November 2020 12:15 GMT The Mohammad bin Salman Charity Foundation is set to acquire…
Saudi Arabia now owns just over 10% of Capcom, as another national investment company scoops up more shares in the Resident Evil and Street Fighter publisher

Saudi Arabia now owns…

An investment fund connected to the Saudi Arabian Public Investment Fund (PIF) has acquired roughly five percent of Capcom,…