Electronic Arts (EA), one of the biggest gaming companies in the world, has agreed a deal to sell the company for $55bn (£41bn).
The consortium of buyers include Saudi Arabia's Public Investment Fund (PIF), Silver Lake and Jared Kushner's Affinity Partners.
EA is known for making and publishing best-selling games such as EA FC, formerly known as FIFA, The Sims and Mass Effect.
It is understood to be the largest leveraged buyout in history - where a significant amount of the purchase is financed by borrowing money.
The deal will take EA private - meaning all of its public shares will be purchased and it will no longer be traded on a stock exchange.
The purchase price puts a significant 25% premium on the market value of EA, valuing it at $210 per share.
It is the second most valuable gaming purchase in history, following Microsoft's $69bn deal to buy Call of Duty publisher Activision Blizzard - which went through after significant battles with global regulators.
EA boss Andrew Wilson, who will remain in post, stated that it was a powerful recognition of the firm's work.
The firms buying EA will contribute approximately $36bn, with the remaining amount being financed by loans.
Concerns remain among industry experts about the impact of such a massive acquisition, particularly regarding the $20bn debt and its implications for future game development and EA's workforce.
The Saudi investment further extends the country's reach in the gaming sector which has seen rapid growth in recent years.
These developments raise significant questions about the future priorities and direction of one of the most iconic names in gaming.
