Zynga Buys CSR & Clumsy Ninja Studio For $527 million
The social gaming giant scoops up NaturalMotion to bolster its mobile portfolio.
Social gaming behemoth Zynga has bought the studio responsible for the CSR racing games and Clumsy Ninja for $527 million, according to a report on Modojo's sister siste GamesIndustry International (via Eurogamer).
It's a hefty price tag, but let's not forget that Clumsy Ninja clocked up an astonishing 10 million downloads in its first week, while CSR Racing was pulling in approximately $12 million-worth of in-app purchases every month during the peak of the game's popularity.
Around $390 million of the cash bonanza will be shared amongst NaturalMotion shareholders, although the report also notes that Zynga plans to let 314 employees go as part of cost-cuttting efforts.