IronMonkey Studios, best known for developing several successful iPhone titles for the mega-publisher. If true, the purchase continues EA's path of "restructuring" and a business strategy that targets casual, online and mobile markets.
Aussie website Tsumea broke the acquisition story citing "very reliable sources" and noting that "details are very slim at the moment." Our own attempts to get EA to acknowledge the purchase are being answered by the sounds of silence. We'll be sure to update as soon as EA decides to say anything -- although, if it's in Simlish, we'll likely need a translator.