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Zynga go public in June 2011

May 27, 2011

King of games on Facebook, Zynga will Go-Public. Zynga claims to be the king of the game’s biggest social network on the Internet. At the end of June 2011 Zynga will offer its shares to the public (initial public offering / IPO). After LinkedIn successful IPO, likely will be many social networking sites will IPO too.

Zynga owner is Mark Pincus. In July 2007, Pincus founded the Zynga, the creator of online games with Michael Luxton, Eric Schiermeyer, Justin Waldron, Andrew Trader, and Steve Schoettler. The name was taken from the name of Mark Pincus’s bulldog. Received 29 million U.S. dollars loan from Kleiner Perkins Caufield & Byers in 2008, now Forbes said Pincus total net worth reached 850 million U.S. dollars.

Zynga employs more than 1,300 employees. Until now Zynga has 13 offices across America, Asia, and Europe. It has a total of 13 studios worldwide, including in Sunnyvale, Seattle, Los Gatos, Los Angeles, Boston, Baltimore, Bangalore, Beijing, Bangalore – India, Ireland and Tokyo.

Each month, Zynga played by 320 million active users on Facebook, iPad, iPhone and Android. Games like CityVille, Farmville, Zynga Poker, and Mafia Wars are examples of popular Zynga games.

Zynga acquires companies online game maker. Noted Zynga acquires YoVille, acquired Challenge Games, acquired Dextrose (Germany) and changed its name to Zynga Germany, acquired Texas Newtoy and replace Words With Friend became Zynga With Friend, the game developer acquired the New York area code and changed its name to New York and last Zynga Bonfire Studios acquired and changed its name to Zynga Dallas.

Zynga go public in June 2011


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