Zynga Inc., a global provider of interactive entertainment, has announced that it has entered into a definitive agreement to acquire StarLark, developer of mobile golf game, Golf Rival, from Betta Games for $525 million in cash and stock. According to a statement, “This acquisition brings to Zynga a talented development team with the proven ability […]
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Zynga Inc., a global leader in interactive entertainment, announced it has entered into a definitive agreement to acquire 100% of Chartboost, a leading mobile programmatic advertising and monetization platform for approximately $250 million in cash. Along with its talented team, Chartboost brings a global audience of more than 700 million monthly users and more than […]
Social gaming company Zynga Inc. recently announced that Noel Watson, Chief Financial Officer at TrueCar Inc., has joined the company’s Board as an Independent Director. With his appointment, Noel Watson becomes the ninth member of Zynga’s Board of Directors. “Noel brings to Zynga more than 20 years of successful financial and operating leadership,” said Frank […]
Mark Pincus, has taken a step back from his role as CEO for Zynga Inc. The social gaming company has appointed Don Mattrick (ex Microsoft) as Chief Executive Officer and a member of the Board of Directors, effective July 8, 2013. Mark Pincus, Zynga’s founding chief executive officer, remains Chairman of the Board of Directors […]
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Zynga announces 18 % reduction in workforce.
Zynga Inc. (the creator of Facebook game FarmVille ), is cutting its global workforce by 18 % , leading to elimination of about 520 employees. The reduction has been announced following a grim financial outlook and forecasts for the present financial year. The job cuts are a part of substantial cost reductions undertaken by Zynga […]