Major PC and console games publisher Electronic Arts has bought out Chillingo, according to the LA Times. Although the deal is said to have cost less than $20 million in cash, Chillingo is a significant publisher of iPhone and iPad games. Two titles in its library -- Cut the Rope and Angry Birds -- are currently leading in the App Store's paid charts. The company is also responsible for distributing occasional movie/TV show tie-ins, like Predators and Numb3rs.