The largest leveraged buyout in history has closed. Electronic Arts is now private. A group led by Saudi Arabia’s Public Investment Fund bought it for $55bn, alongside Silver Lake and Jared Kushner’s Affinity Partners. The maker of The Sims, Battlefield and EA Sports FC comes with roughly $20bn of new debt attached. The paperwork is […]<br /> This story continues at The Next Web [...]
I came into this review thinking of Private Internet Access (PIA) as one of the better VPNs. It's in the Kape Technologies portfolio, along with the top-tier ExpressVPN and the generally reliable [...]
The European Commission approved the PIF-led take-private of Electronic Arts under its Foreign Subsidies Regulation, removing one of the last hurdles to the biggest leveraged buyout ever. The European [...]
Electronic Arts is close to reaching a $50 billion deal that will turn it into a privately held company, according to The Wall Street Journal. The video game company filed for an IPO way back in 1990 [...]
Cirrascale Cloud Services today announced it has expanded its partnership with Google Cloud to deliver the Gemini model on-premises through Google Distributed Cloud, making it the first neocloud provi [...]
EA employees involved with the Communications Workers of America union have issued a sternly-worded statement against the recently-proposed private acquisition of the company by Saudi-backed investors [...]
Microsoft is planning to get rid of more US employees via its first voluntary buyout program, CNBC reports. The buyout program will reportedly be offered to US employees at "the senior director l [...]