EA has confirmed that it has successfully acquired iDevice publisher ‘Chillingo’. Reuters are claiming the deal won’t have cost EA more than $20m, which is a tidy sum considering previous dealings in this area have been much more (the buyout of Ngmoco for $400m for example).
Chillingo has been responsible for publishing the smash hits ‘Angry Birds’ and the rather wonderful ‘Cut the Rope’. EA will not receive the intellectual property rights to Angry Birds as part of the deal. EA shares closed down 1.16 percent.