EA buys Angry Birds publisher

palmpre2.top.jpg By David Goldman, staff writer


NEW YORK (CNNMoney.com) -- Electronic Arts said Wednesday that it will acquire Chillingo, the company that publishes the ultra-popular smartphone game Angry Birds.

Terms of the deal were not disclosed, but Reuters reported it was worth $20 million.

"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," EA (ERTS, Fortune 500) spokeswoman Holly Rockwood said in an e-mailed statement.

EA didn't buy the actual Angry Birds game: That's owned by RovioMobile, the Finnish company that developed the game. But EA's purchase of Chillingo will give it access to the publishing revenue from the game's sales.

RovioMobile's Twitter account was rapidly firing off tweets, clarifying that it did not sell itself to EA and maintaining that it owns Angry Birds and all of its associated intellectual-property rights.

Angry Birds has been one of the most popular iPhone applications since its November 2009 debut. The game was released last week for Android phones, and quickly topped 2 million downloads in just two days, according to RovioMobile.

Angry Birds costs 99 cents in Apple's App Store but is free on the Android Marketplace, where it is supported by advertisements.

The game is incredibly addicting for both hardcore gamers and casual players. Contestants fling birds with a slingshot at green pigs who have stolen the birds' eggs (that's why they're angry). Different birds have different abilities, weights and strengths. The goal of the game is to destroy all of the pigs in each of more than 150 levels.

Angry Birds has become a pop-culture phenomenon. Variety reported that RovioMobile plans on producing a television show, movie and a toy line based on the game. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,810.06 91.06 0.51%
Nasdaq 4,712.97 11.10 0.24%
S&P 500 2,063.50 10.75 0.52%
Treasuries 2.32 -0.02 -0.86%
Data as of 1:50pm ET
Company Price Change % Change
Bank of America Corp... 17.12 0.12 0.71%
Kinder Morgan Inc 39.75 -0.17 -0.43%
Apple Inc 116.47 0.16 0.14%
Intel Corp 35.59 -0.36 -1.00%
Microsoft Corp 47.98 -0.72 -1.48%
Data as of Nov 21

Sections

This arrangement, announced Friday, illustrates how the lines have blurred between traditional TV networks and newfangled options like Netflix. More

The Obama administration is touting that its immigration action will boost wages. But the hike amounts to only $170 a year by 2024. More

Regin is malware has been lurking in computers for as long as six years, according to Symantec. But experts don't know much about where it is from, what it does and who has been targeted. More

Obama doesn't have the authority to create a startup visa, but part of his reform announcement could include a workaround for entrepreneurs: 'parole status.' More

Nearly half of all Americans say there's a chance they'll have to work during a holiday between Thanksgiving and New Year's, according to a new poll. And one in four say they'll have to work whether they want to or not. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.