Along with the cash, the buy out deal apparently includes earnouts and incentives, according to AllThingsD.
Chillingo distributes Angry Birds
The popular Angry Birds game was developed by Rovio, and the company doesn’t seem too concerned about Chillingo’s deal with EA. “we are not worried, we call our own shots. And we will continue doing the best games we can. No BS,” the company said on its Twitter account.
For its part, EA plans to use the Chillingo purchase to move deeper into the iOS gaming market.
“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 said in a statement. “This acquisition will combine Chillingo’s expertise in cultivating the ideas of independent developers with EA’s global mobile publishing reach.”