Who Owns Need for Speed?

Who owns Electronic Arts?
Electronic Arts is owned by a consortium of Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners. The $55 billion acquisition was completed on August 4, 2026. PIF owns approximately 93.4% of the company. Former EA stockholders received $210 in cash per share. Andrew Wilson continues as Chairman and CEO.

Is Electronic Arts publicly traded?
No. Electronic Arts ceased trading on NASDAQ following the completion of its acquisition on August 4, 2026. The company was previously listed under the ticker EA from its IPO in 1989 until the acquisition closed. EA is now a privately held company and is no longer required to report quarterly financial results publicly.

Who is the CEO of Electronic Arts?
Andrew Wilson serves as Chairman and CEO of Electronic Arts, a position he has held since 2013. Wilson previously served as head of EA Sports. He is partnering with Cam Weber as President and Chief Studios Officer and David Tinson as President and Chief Operating Officer to lead the company through its transition to private ownership.

When was Electronic Arts founded?
Electronic Arts was founded in May 1982 by Trip Hawkins in San Mateo, California. Hawkins had previously worked at Apple Computer and founded EA with the vision of treating game developers as artists. The company went public on NASDAQ in 1989 and was taken private in August 2026 through the $55 billion acquisition.

What is Electronic Arts' annual revenue?
Electronic Arts reported FY2026 (ended March 31, 2026) net revenue of $7.53 billion, up 1% year-over-year, and record net bookings of $8.03 billion, up 9% year-over-year. Net income was $887 million with diluted EPS of $3.51. Operating cash flow was $2.55 billion, up 23% year-over-year. As a private company, EA will no longer be required to report quarterly financial results.

What brands does Electronic Arts own?
EA owns major gaming franchises including EA Sports FC (formerly FIFA), Madden NFL, College Football, The Sims, Apex Legends, Battlefield, Need for Speed, Star Wars Jedi, Dragon Age, Mass Effect, EA Sports F1, Titanfall, and Plants vs. Zombies. The company also owns development studios including DICE, Respawn Entertainment, Maxis, and BioWare.

What happened to Electronic Arts in 2026?
On August 4, 2026, Electronic Arts completed its acquisition by a consortium of PIF, Silver Lake, and Affinity Partners for $55 billion, making it the largest leveraged buyout in history. The company became privately held and was delisted from NASDAQ. Andrew Wilson continues as Chairman and CEO. The acquisition was announced on September 29, 2025 and approved by stockholders on December 22, 2025.

What controversies has Electronic Arts faced?
EA has faced criticism for loot box and microtransaction mechanics in its sports games, with some countries classifying certain mechanics as gambling. The $55 billion acquisition by PIF drew scrutiny due to Saudi Arabia's growing influence in gaming and sports, and the involvement of Jared Kushner's Affinity Partners. Despite Battlefield 6's record-breaking launch, layoffs followed for development teams, drawing criticism. EA has also faced lawsuits over sports licensing exclusivity agreements.