Monday, February 14, 2011

Zynga, creator of games for Facebook, valued between 7 and 9 billion

The company Zynga, a specialist in "social games on Facebook is in talks with investors who value between 7 and 9 billion dollars (5.2 to 6.7 billion euros), reports the Wall Street Journal Sunday, February 13. Zynga hopes to raise $ 250 million (185 million) during the negotiations, said the business daily, citing sources familiar with the matter.

Founded in 2007, the young shoot owes its success to titles in the game mechanics as simple FarmVille or Cityville, claiming tens of millions of players. In December, the company was valued between 1.3 and 1.5 billion dollars (between 965 million and 1.1 billion euros). In October, the rival company Playfish was sold to video game publisher Electronic Arts for an amount up to $ 400 million (297 million euros).

Zynga is not a listed company, but like other successful companies riding the wave of social networks such as Facebook, Twitter, or even Groupon she sells some of its titles to a few selected investors.

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