Video game developer Electronic Arts (EA) has been bought out by a group of investors in what is now the largest-ever buyout from private equity firms.

The consortium of investors, which includes Silver Lake, PIF, and Affinity Partners, will be acquiring EA for $55 billion and will be taking the company private.

Silver Lake is a well-known name in the tech sector and was most recently in the news for being one of the Trump administration-approved U.S. companies to take over TikTok . PIF is Saudi Arabia's Public Investment Fund and has largely funded Affinity Partners, which was founded by President Donald Trump's son-in-law Jared Kushner.

EA is one of the biggest video game developers in the world, with titles ranging from FIFA to Battlefield to The Sims franchise.

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