Electronic Arts Inc has reportedly confirmed that it had acquired independent game publisher Chillingo for $20 million in cash and additional incentives.
Chillingo has innovated games and software for several platform, including iPhone, iPod Touch and iPad. Cut the Rope, Angry Birds, Predators, Ice Age: Dawn of the Dinosaurs and Modern Conflict are some of the many renowned titles from Chillingo.
Acquisition of Chillingo will help EA Mobile increase its market share further on the Apple platform and reaffirm its status as the world's number 1 wireless entertainment publisher.
Commenting on the deal, EA said, "This acquisition will combine Chillingo's expertise in cultivating the ideas of independent developers with EA's global mobile publishing reach.”
While creator of Cut the Rope, ZeptoLab, was declined to comment on the transaction, Rovio said that they were not worried on the deal.
Redwood City-based EA, which was founded in 1982, markets its products under four brand names viz. EA Sports, EA, EA Mobile and POGO. EA Mobile is the leading wireless entertainment publisher with well-known game franchises such as Tetris, The Sims and Need for Speed.