Whispers about this started a little while ago, but it appears the rumors are true: EA is acquiring casual game developer PopCap Games for $650 million cash plus another $100 million in stock and incentives.
That's a huge deal, and surprisingly cheap, given that PopCap's value has been estimated as high as $1 billion. PopCap of course made its name on casual PC games like Bejeweled and Plants vs. Zombies, but in recent years those titles have become mobile juggernauts, and the iOS platform is currently the company's crown jewel.
EA also has been working hard on the mobile front (recently