Video game company Electronic Arts (EA), known as the maker of the "The Sims" and "Madden NFL," is being acquired in a $55 billion deal.The California-based company said Monday it had entered into a definitive agreement to be acquired by a consortium of companies that includes Saudi Arabia's sovereign wealth fund PIF;

Electronic Arts, maker of video games like “Madden NFL" and “The Sims,” is being acquired for $55 billion, the most expensive acquisition of a public company to be taken private in history.