EA, Saudi Arabia and Video Game Company
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In what could become the largest-ever buyout funded by private equity, video game maker Electronic Arts has agreed to be acquired in a deal valued at $55 billion
The consortium that is buying the company includes Saudi Arabia’s Public Investment Fund, Silver Lake Partners and Affinity Partners, an investment firm led by Jared Kushner. Electronic Arts investors will receive $210 per share in cash. That represents a 25% premium to the company’s last unaffected closing price on Thursday.
Video game companies like Ubisoft are embracing genAI to speed up development and pioneer new gameplay while navigating high costs and best practices.
The organization behind the Tokyo Game Show shares the surprising results of an AI-related survey sent to Japanese video game developers.
Jul. 22—After a hiatus that lasted nearly two decades, EA Sports has announced the return of the college basketball video game franchise. The game is set to be released in 2028, and it has been confirmed that both men's and women's teams will be included ...
Joining Meta, Ubisoft and Spotify, Netherlands-based video game developer MY.GAMES B.V. has become the latest target of consumer class action litigation aimed at alleged "bait-and-switch" schemes that induce customers to upgrade or purchase more products after deliberately devaluing prior purchases.
Daniel has been playing games for entirely too many years, with his Steam library currently numbering nearly 750 games and counting. When he's not working or watching anime, he's either playing or thinking about games, constantly on the lookout for ...