popcap PopCap Acquired?

Reports are coming in that PopCap is the prize in an acquisition deal.  Full details haven’t been released yet, but the rumored price is staggering, listed at over $1 billion USD (that’s billion with a ‘b’).

Huge news in the gaming world: PopCap Games, the company behind such hits as Plants vs Zombies and Bejeweled, is in the process of being acquired — and we’re hearing from multiple sources that the price is over $1 billion.

This is big news, with a big price tag, but the buyer hasn’t been confirmed yet.  Thanks to TechCrunch for the heads up!

UPDATE: TechCrunch is now reporting that the buyer appears to be Electronic Arts.