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Thursday, 22 March 2012 - Zynga buys OMGPOP games company |
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Mon, Mar 19 2012 Zynga buys OMGPOP games company Tweet Share this Email Print Related News Wal-Mart to offer Angry Birds merchandise, clues 11:34am EDT Facebook underwriters to get 1.1 percent fee: source Tue, Mar 20 2012 Jennifer Lawrence fires up "The Hunger Games" Tue, Mar 20 2012 Stars say "Hunger Games" movie violence justified Thu, Mar 15 2012 Wall Street retreats after rally, but Apple up again Wed, Mar 14 2012 Analysis & Opinion The meltdown explanation that melts away Silicon Valley’s undeserved moral exceptionalism Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Small Business » Inflows Outflows » Facebook » 1 of 2. The corporate logo for Zynga is seen on a screen outside the Nasdaq Market Site in New York, December 16, 2011. Credit: Reuters/Brendan McDermid By Liana B. Baker Wed Mar 21, 2012 4:09pm EDT (Reuters) - Zynga Inc is buying OMGPOP, maker of the popular game "Draw Something" for an undisclosed sum, as the company moves to expand its games lineup on mobile devices and Facebook. Zynga, which raised $1 billion in an initial public offering last December, makes some of the most popular games on tablets and smart phones such as "Words with Friends." New York-based OMGPOP makes the game "Draw Something" where players draw items or pop culture figures such as Lady Gaga or Katniss Everdeen from "The Hunger Games" books. It has 40 employees who will join Zynga as part of the deal, according to a statement. In the six weeks since the game has been the market, it has garnered more than 35 million downloads and risen to the top of the app charts on Apple and Android, according to Zynga. Zynga shares were up 60 cents, or 4.5 percent, at $14 per share on Wednesday. (Reporting by Liana B. Baker; editing by Andre Grenon) Tech Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Small Business Inflows Outflows Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. 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