Zynga Reveals Multiple Mobile Buys
Stock troubles aren’t keeping Zynga from its aggressive growth plans. As Reuters reports, the public gaming company has bought four small mobile game startups for an undisclosed sum. “The top maker of Facebook games [is seeking] to expand its lineup on smartphones and tablets,” Reuters writes.
The company's top mobile executive David Ko said it had acquired German company Gamedoctors in December. Gamedoctors, based in Bielefeld near Hanover, makes the game ZombieSmash. Zyga also bought Page44 Studios, which is based in San Francisco, in September. That studio created the "World of Goo" game for Apple's iOS platform.
Zynga said it acquired HipLogic, another San Francisco-based games company, in August. Ko also confirmed that Zynga purchased New York-based Astro Ape Studios in August to develop new titles. Ko, however, declined to comment on the size of the deals.
Notes Reuters: “While Zynga was one of the earliest game makers on the Facebook platform, it lacks that first mover advantage on mobile, where companies such as Walt Disney Co and Electronic Arts Inc have released hit games.” Zynga shares have sagging since the company went public in December.