All publications by tag «Zynga»
Newzoo: Activision acquisition puts more pressure on Sony, with Warzone having 25% player share across PS, Xbox, and Steam
Only one month into 2022 and we have already witnessed one of the biggest acquisitions in the history of video games. Newzoo has shared some insights into the latest M&A activity, explaining how acquisitions of Bungie, Activision Blizzard, and Zynga will influence the market.
Take-Two acquiring Zynga in “transformative” deal worth $12.7 billion
Take-Two announced a definitive agreement to acquire Zynga, creating “one of the largest publicly traded interactive entertainment companies in the world.” Take-Two will pay approximately $12.7 billion acquiring all of the outstanding shares of Zynga in a cash and stock transaction.
Zynga acquires Torchlight III developer Echtra Games to bring mobile titles to PC and consoles
Publisher Zynga follows its ambitions of developing games for PC and consoles. To bring its existing franchises outside the mobile sector, the company has just bought Echtra Games, creators of Torchlight III.
Istanbul rising as casual game developement hub. Dream Games raises $7.5 million
Dream Games, a newly founded studio based in Istanbul, has raised $7.5 million in seed funding. The investment round took place against the backdrop of the explosive growth that Turkey’s game development community is experiencing.