Games News

Electronic Arts acquires Chillingo for $20 million

It started with a posting from Wall Street Journal’s All Things Digital that EA may acquire Chillingo.
And, it has happened – Reuters is reporting the sale price to be $20 million, but the full details have yet to be made public. Chris Byatte, General Manager & former President of Chillingo commented on the recent buyout.
In his words:
“The acquisition will allow us to marry our expertise in identifying and cultivating the ideas of independent developers with the publishing power and reach of EA mobile. It is going to be BIG!”