Seventeen million already paid, another $12m on offer
Electronic Arts paid $17 million to buy the social game publisher Chillingo, the group has confirmed in financial statements.
Electronic Arts may pay up another $12 million to the group should they meet sales targets over the next three years.
The Chillingo buyout highlighted EA’s chase for social game revenues. Its standard retail business, though recovering, is still performing at a loss.
Last year, the Medal Of Honor publisher paid at least $300 million for social studio Playfish.