Publishing Giant Zynga Hungry For More Mega Deals
Company has $1.8 billion and is not afraid to spend it. In other words, start developing your game NOW.
Zynga's recent OMGPOP acquisition raised plenty of eyebrows. It paid $180 million for the Draw Something developer, a huge sum for a company that rose to prominence on the back of one title.
That said, don't be surprised if the FarmVille creator picks up more studios along the way. In a recent interview with Bloomberg, CEO Mark Pincus said Zynga won't shy away from making additional splashes in the future.
"We love finding great, accomplished teams that share our mission and vision," Pincus said. "If we ever see breakout opportunities that massively accelerate social gaming at Zynga, we'll aggressively pursue those, too."
Don't take those words lightly. Zynga has $1.81 billion in cash and short-term investments, which is enough to do plenty of damage. On that note, expect to see a handful of deals within the next three-to-five years, barring some unforeseen collapse.