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Fact check
EA went private in a $55 billion leveraged buyout led by Silver Lake, Saudi Arabia's Public Investment Fund and Affinity Partners.
Appears in
- https://arstechnica.com/gaming/2026/10/rip-bioware-ea-shuts-down-storied-rpg-studio-after-over-three-decades
- https://thenextweb.com/news/ea-shuts-bioware-400-job-cuts
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Other claims in this story
- ConfirmedBioWare announced it is closing and that early development of the next Mass Effect is ending.
- ConfirmedEA is cutting about 400 jobs, roughly 3% of its workforce.
- ConfirmedEA is closing BioWare's office in Edmonton, Alberta.
- UnconfirmedAbout 50 of the 400 job cuts are at BioWare, according to an anonymous source cited by Bloomberg.
- UnconfirmedEA's post-buyout debt is about $20 billion.
- UnconfirmedEA's post-buyout debt is about $18 billion, per Bloomberg.
- UnconfirmedEA has cancelled the Sims project code-named Project Lotus.
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