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Chillingo Acquired for $20 Million by Electronic Arts

mashable.com

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Re: Chillingo Acquired for $20 Million by Electronic Arts

#6
post #3

Anyone else surprised? I'm not being sarcastic. Hasn't Angry Birds already made > $20 million? If not, isn't it close enough?

It's likely somewhere around 7-8 million, give or take. And, I have a feeling alot of that goes to Rovio, the developer of Angry Birds.

So, I guess EA's in-house "8lb. Gorilla" homegrown studio and mini-publisher for smartphones was stillborn, so they acquired one. Smart move. Chillingo has had a load of #1 app store hits from various developers; they seem to know how to pick 'em.

Re: Chillingo Acquired for $20 Million by Electronic Arts

#7
post #4

Rovio is the maker of Angry Birds. They have NOT been acquired. Chillingo is the publisher of multiple iOS games. They were acquired. Rovio is most likely worth much more than $20m at this point.

What is the relationship between "maker" and "publisher"?

Re: Chillingo Acquired for $20 Million by Electronic Arts

#8
post #4

Rovio is the maker of Angry Birds. They have NOT been acquired. Chillingo is the publisher of multiple iOS games. They were acquired. Rovio is most likely worth much more than $20m at this point.

You are right. Publisher and "The company behind" do not necessarily equal "maker of". Perhaps I should have instead posted the Reuters article titled "Electronic Arts to buy Chillingo for $20 mln".

http://www.reuters.com/article/idCNN2022096920101020?rpc=44

Re: Chillingo Acquired for $20 Million by Electronic Arts

#10
post #7
post #4

Rovio is the maker of Angry Birds. They have NOT been acquired. Chillingo is the publisher of multiple iOS games. They were acquired. Rovio is most likely worth much more than $20m at this point.

What is the relationship between "maker" and "publisher"?

The "maker" or "developer" is Rovio, which created the app. Chillingo published the app on the app store and was responsible for marketing. Rovio still owns the IP to angry birds (The angry birds franchise is likely worth more than 20 million on its own). The value of Chillingo likely comes from the fact that it published 2 #1 hits (Angry Birds and now Cut the Rope), meaning it has a brand name with iOS gamers.
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