Topic: funding sources
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Saudi Arabia, Jared Kushner Join $55B EA Buyout, Acquire Madden
Electronic Arts (EA) will become a privately held company following a $55 billion acquisition by a consortium led by Saudi Arabia's Public Investment Fund, alongside Silver Lake and Affinity Partners. The deal, approved by EA's Board of Directors, is expected to finalize in the first quarter of f...
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New Lord of the Rings Game Reportedly Rivals Hogwarts Legacy
A new third-person action game set in The Lord of the Rings universe is in development, aiming to compete with the success of Hogwarts Legacy. The project is backed by $100 million in funding from the Abu Dhabi Investment Office and involves Embracer Group and developer Revenge. This initiative i...
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