After over three decades of iconic RPGs, developer BioWare is closing down and its in-development Mass Effect game is no more. The move comes just months after corporate… Continue reading
Tag: buyout
Gaming News
Rumor: EA Exec Called Employees “Little Babies” On A Hot Mic While Selling Them On Leveraged Buyout
Can gamers trust EA’s management under these circumstances? Things are not good inside EA following their leveraged buyout. As reported by Game Developer, employees were left in a… Continue reading
It isn’t clear what happens to EA now… and why they even chose this route. EA has made the biggest move in the video game business since Microsoft… Continue reading
Gaming News
“Mass layoffs” expected at EA, as $55bn buyout by Saudi Arabia’s PIF and Donald Trump’s son-in-law officially goes through
The months-long process of Electronic Art’s acquisition finally came to a close late last night. The company is now privately owned by investment firm Silver Lake, private equity… Continue reading
EA’s long‑running buyout saga is now nearing its conclusion. After clearing regulatory hurdles, the company says it now expects the merger to close next week, marking the end… Continue reading
Gaming News
EU approves Saudi Arabia’s $55bn acquisition of EA, clearing path for largest private leveraged buyout of all time
The European Union has approved the controversial $55bn acquisition of Electronic Arts by Saudi Arabia’s Public Investment Fund (PIF), private equity company Silver Lake, and investment company Affinity… Continue reading
