[Regnum] A consortium of investors will acquire American video game developer Electronic Arts for $55 billion. According to the company's website, it will now be led by a Saudi Arabian sovereign wealth fund.
"We plan to make a significant investment in a video game company and help it expand its presence globally," said Egon Durban, co-CEO of Silver Lake, a fund involved in the deal.
| Are they going to formally take over the jihadi war game market that their games have been privately modified for for the past two decades? How exciting for them. |
This isn't the first time that Eastern sheikhs have acquired assets in the West. As journalist Leonid Tsukanov noted in his article for Regnum News Agency on August 20, Qatar has managed to build a business empire and wedge itself into British domestic politics. According to auditors, the Qatari royal family and its courtiers control assets in Britain worth a total of $135 billion in local currency.
Related:
Electronic Arts 02/28/2009 1 in 10 Californians are out of work. It's even worse in L.A. County
Electronic Arts 05/05/2006 More on the al-Qaeda video games
Electronic Arts 05/05/2006 Al-Qaeda using video games to appeal to youth
Electronic Arts 02/28/2009 1 in 10 Californians are out of work. It's even worse in L.A. County
Electronic Arts 05/05/2006 More on the al-Qaeda video games
Electronic Arts 05/05/2006 Al-Qaeda using video games to appeal to youth