Saudi Arabian stakeholders are weighing a combination that could see EA merged with Savvy Games in a bid to unify and align the business, sources tell Bloomberg.
New reports indicate that Saudi Arabia's PIF management are contemplating merging the newly-acquired Electronic Arts with its existing Savvy Games Group. The goal, sources tell Bloomberg, is to help balance its games business and "ensure better coordination between its assets."
Popular Now: Kojima shares details on Sony breakup, says PlayStation abruptly cancelled PHYSINT months agoSavvy Games has made megaton billion-dollar acquisitions over the years, and is in the habit of paying big for teams with proven hits; $4.9 billion for Scopely in 2023 (they produced Monopoly Go, which made $6 billion faster than any other smartphone game in history), $3.5 billion for Niantic in 2025, and $6 billion for Moonton, once that deal closes this year. Counting EA, Savvy/Saudi Arabia's PIF has made and/or funded 3 out of the top 10 video game acquisitions of all time.
It has also been revealed that the $55 billion deal to take EA private was principally funded by Saudi Arabia's PIF.
No details have been confirmed or announced regarding a merger; however Savvy Games CEO Brian Ward did recently just step down. It's unclear if Ward's departure is related to these reports.
The video games industry is going through a period of painful squeezing as companies cut costs and lay off hundreds, if not thousands of workers. The next generation of consoles remains uncertain as rumors of a potential delay circulate as companies continue trying to adapt to rising component costs that drive up console prices to the $900 range.
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Meanwhile, Electronic Arts ended its last fiscal year as a public company with a record-breaking $8 billion in net bookings thanks to half a billion dollars in recognized deferred revenue.
