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.