Redwood City, Calif. – Video game developer and publisher
Electronic Arts (NASD: ERTS) has acquired U.K.-based publisher Chillingo, which distributes
the popular mobile game "Angry Birds," the Los Angeles Times
reported.
The Times pegged the purchase price at less than $20 million, citing
sources.
Chillingo publishes games from independent developers. Currently, developer
ZeptoLab’s "Cut the Rope" and Rovio’s "Angry Birds" titles are
among the top paid applications at the iTunes Store.
"By acquiring Chillingo, EA Mobile is increasing its
market leadership on the Apple Platform as well as reaffirming its position as
the world’s leading wireless entertainment publisher," the company told
The Times.
"This acquisition will combine Chillingo’s expertise in
cultivating the ideas of independent developers with EA’s global mobile
publishing reach."
Related Links:
http://tinyurl.com/28zdsos
(L.A. Times)
