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120°

Zynga Targets a $20 Billion IPO

Zynga is especially known for games such as FarmVille, Mafia Wars and Zynga Poker. Yesterday, The Wall Street Journal reported that the company is facing an IPO that could provide a market value of up to $20 billion, by selling shares for $1 billion. Today, Bloomberg says that the investment company GreenCrest Capital confirms that Zynga will file the application today.

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online.wsj.com
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Community4680d ago
120°

Words with Friends just suffered a major data breach

The latest high-profile company to suffer a data breach is the social game developer, Zynga. 218 million players were affected.

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knowtechie.com
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Community1666d ago
110°

In just 2 years, Zynga’s daily average users have fallen by half

Cyrus Farivar of Ars Technica writes: Have you played any Zynga games lately? Yeah, we didn’t think so. And that’s exactly the problem: in two years, the social gaming company’s daily average users (DAU) has plummeted from 39 million to 21 million.

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arstechnica.com
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Community3177d ago
3177d ago
90°

Zynga Buys NaturalMotion For $527M, Signaling A New Tack For The Gaming Giant

Techcrunch: Zynga has long been famous (or infamous?) for its data-driven approach to game design. The company never focused on building strong character IP, or intellectual property, in favor of releasing games that had been thoroughly funnel-tested.

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techcrunch.com
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Community3734d ago
Spiewie 3734d ago

Zynga and all the Facebook games. Really successful.

Anonagrog3734d ago

Hopefully this won't have a negative impact on the their impressive animation middleware.