Zynga Surpasses Earnings Estimates, Acquires Mobile Game Developer Rollic
San Francisco-based mobile game developer Zynga reported a 47% increase in quarterly revenue in its second quarter, and will use some of that cash to acquire another smaller mobile game developer based in Istanbul called Rollic. Rollic is the second Turkish game developer Zynga has taken a stake in over the last two months — it bought Peak Games in June for $1.8 billion. Zynga’s president of publishing Bernard Kim told TheWrap at the time of the Peak deal that Zynga is working on expanding its foothold in eastern and Asian markets, particularly in areas like Japan and Turkey where small, indie game development shops are emerging with increasing speed. The acquisition is expected to close October 1, Zynga said. Bromberg noted that by acquiring Rollic, Zynga nearly doubles its monthly active user count. Currently Zynga has 70 million monthly active users while Rollic counts 65 million. Zynga’s popular mobile games include fantasy puzzler “Empires and Puzzles” from Small Giant Games, “Words With Friends 2,” and “Farmville.” It adds eight new games following the Rollic acquisition, including two puzzle games called “Go Knots 3D” and “Tangle Master 3D.” “We have been looking very carefully for several years now at the...
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