Electronic Arts Acquires Chillingo, Under $20 Million Cash

In the latest buyout of an iPhone-involved company, EA has reportedly bought Chillingo, the leading publisher on the App Store, for a little under $20 million, with other incentives and earnouts.  Although a little underwhelming compared to Ngmoco’s $400 million buyout by Japanese company DeNA, Electronic Arts believes that it will help them to become the definitive leader in the mobile gaming platform, specifically the App Store.

We’ll have more information once some definitive information appears regarding prices and such, but we’re excited to see what EA and Chillingo will bring to the App Store.  Will Chillingo keep publishing games?  Is this a good buy by EA?  Let us know your thoughts in the comments.

About Daniel

I have been an iPhone game addict ever since the NES emulator came out on the 1.1.4 iPhone 2G. After 2.0 and the App Store came out, my iPhone homescreen has never been the same. Other than writing reviews for App Store games, I play soccer/football, American football, volleyball, and golf. I love going to the beach and fishing on the pier. Some games not available on iPhone/iPod Touch that I truly love are the Call of Duty series, Guitar Hero III, Madden NFL 09, and PGR: Gotham Racing.

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