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Zynga to buy Peak Games for $1.8B
- pixxel 6y ago> US casual gaming giant Zynga is buying Turkish mobile game developer Peak for $1.8 billion, the company confirmed Monday. “casual gaming giant”—I did actually lol at that description of Zynga.
- AdmiralAsshat 6y agoIn other news, Zynga apparently has $1.8B to blow.
- bdcravens 6y agoNo, only $900M > Zynga stated that the deal comprised $900 million in cash, and $900 million in Zynga stock
- AdmiralAsshat 6y agoThat's still $800m more than I figured Zynga had at this point.
- shultays 6y agoI thought Zynga already bought Peak Games. Was that something else?
- ismailunal 6y agoI think it was kind of some department of it. not all of it.
- tehlike 6y agoZynga bought gramgames few years ago, also from turkey.
- loltyler1 6y agoWHAT THE FUCK WHAT IS THIS PLACE WHERE DID I SIGN UP TO BE BORN HERE
- jacknews 6y ago"Both companies share a common vision — to bring people together through games." sure
- toyg 6y agoWell, it doesn't say where they bring people - in a dark alley shooting addictive substances up their veins.
- loltyler1 6y agobut, together!
- SheinhardtWigCo 6y ago“To make a shitload of money” doesn’t quite have the same ring.
- yalogin 6y agoWow completely forgot that zynga exists. They have that kind of money still?
- shultays 6y agohttps://www.statista.com/statistics/273567/zyngas-annual-revenue/ https://www.statista.com/statistics/273567/zyngas-annual-rev... They are making 20% of Blizzard's revenues. By creating mobile games.
- FanaHOVA 6y ago$9B market cap
- bekman 6y agoLast year they did $1.2 billion and have been profitable the last couple of years.
- continuations 6y agoI'm not familiar with casual gaming. How is Zynga doing these days? I remember them from the Farmville days when Facebook billed itself as an "application platform" and Farmville was the poster child of that. Facebook hasn't talked about "application platform" for years now and I don't know anyone still playing games on Facebook. So how is Zynga still a thing?
- bdcravens 6y agoThey transitioned their games to mobile. Ignoring today's jump due to the acquisition news, their stock has been pretty strong over the last year. I think they moved past the world domination phase of the company to be a solid game studio.
- tmpz22 6y agoI suggest everyone downloads words with friends 2, video ads between every move. I would avoid their brand like the plague.
- mrtksn 6y agoDon't they offer to remove ads or something like that?