In its recent internal question-and-answer paper, EA explained its strategic consideration of accepting the $55 billion offer from the Saudi lead consortium. EEA has made it clear that this is not due to financial difficulties. On the contrary, “EA is in a strong financial situation, and this cooperation will empower us to move faster and unlock new opportunities on the global stage”.
In response to staff attrition, which is of the greatest concern to employees, EA ensures that “the transaction will not immediately result in any change in the position, team or day-to-day work of any employee”. With regard to the $20 billion in debt involved in the transaction, the company stated that, although it incurred this debt as a result of privatization, “with our strong money-absorption capacity and even under new debt pressure, we will continue to seek endogenous and outward growth opportunities as a private enterprise” and stressed that “the consortium also plans to invest in our business to accelerate innovation and open new growth points”. EA confirms that the transaction is expected to be completed within the next 6 to 9 months, with the senior management team and headquarters locations remaining the same. In response to corporate cultural concerns, companies committed themselves to “global mission, core values and commitment to players and fans” and to “creative ownership” and “freedom of creation” for all games.
Regarding AI applications, EA indicated that it would adopt a “precautionary and robust” approach. At the same time, it is clear that, following the privatization of the company, employees holding the company ‘ s shares (both awarded and to be awarded) will be paid in cash at the rate of $210 per share. As revealed last month by inside EA, the PIF-led acquisition may reverse the decline in mobile operations – The sector has long been subject to stringent cost controls and inadequate user access to inputs. In recent years, the EEA has shut down multiple hand-shows such as the Simulation of Life Mobile, Kim Kardashian: Hollywood, and integrated mobile teams into the mainframe/PC game department in March 2024. This series of adjustments began in January 2023 with the cancellation of the Apex Heroeshow and the closure of the mobile studio Industrial Toys.
