EA confirms acquisition of Angry Birds publisher Chillingo

Picks up best-selling iPhone company for a rumoured $20m

Following mounting speculation earlier today, EA has confirmed its planned purchase of mobile game publisher Chillingo.

Chillingo is best known for iPhone hit Angry Birds (which it did not develop), and is currently topping the App Store charts once again with Cut The Rope.

Sources suggested to Reuters that EA will "pay under $20 million in cash plus other undisclosed considerations."

"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," said EA spokeswoman Holly Rockwood.

This is EA's second recent purchase in the online space, having acquired Facebook studio PlayFish for $250 million just over a year ago.

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