Join Our Telegram channel to stay up to date on breaking news coverage Paul Bettner, a seasoned video game producer who co-created the popular mobile...

We are thrilled to announce that a16z Games has led the Series Seed investment in Snapser, a games backend technology company poised to become...

This time of year, the floodgates open to a deluge of best-of lists and end-of-year recaps. But we at a16z have always been more...

And other surprising things we learned about the viral word game at GDC.

American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, ​​Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump in.” Farmville and Words With Friends Game Developer Zynga Details […]

February 10, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Authorities in Russia are reportedly set to recognize crypto as[...]

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Zynga, maker of Farmville and Words with Friends, plans to expand its team making games centred around the blockchain and NFTs to a studio-sized amount by the end of the year.

This means as many as 70 to 100 staff will be working on such titles, Zynga blochain boss Matt Wolf told Axios. Hiring is now ongoing, including for a position titled "tokenomics designer".

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To put Microsoft's Activision Blizzard purchase in perspective, we've compiled a list of other major studio acquisitions (and their costs) across video games, film, and television.

Two gaming giants have come head-to-head with Take-Two Interactive acquiring the mobile giant Zynga for $12.7 million. Despite the fact that you can’t play Farmville on PC anymore without jumping through some hoops (curse you, Facebook!), that’s still a huge property to take over. While I’m pretty anti-Farmville myself, Zynga has still taken over my life in ways I haven’t already realized. Words With Friends is a Zynga game? Now that’s just a plain shock. Take-Two Interactive is already a giant within the gaming community, boasting studios like Rockstar Games and 2K games in its portfolio. Now, it has acquired a mobile gaming giant, one that practically pioneered the free-to-play gaming model. It’s not just Farmville that Rockstar is getting. Zynga has also licensed properties like Harry Potter and Game of Thrones, two huge media enterprises.   A mobile giant Take-Two purchased all of Zynga’s shares and acquired majority ownership of th...

Video game producer Take-Two Interactive (NASDAQ:TTWO) is acquiring mobile games maker Zynga Inc. (NASDAQ:ZNGA) in a transaction carrying an enterprise value of $12.7 billion. The cash and equity deal values the “FarmVille” producer at $9.86 a share — a more than 64 percent premium to where the stock closed on Jan. 7. Under the terms […]

The post Take-Two Interactive Scoops Up ‘FarmVille’ Maker Zynga for $12.7B appeared first on Casino.org.

Take-Two, owner of Borderlands publisher 2K and Grand Theft Auto maker Rockstar, has announced it will purchase mobile games giant Zynga for around $12.7bn - making it the most expensive video games acquisition of all time.

Best known for its ever-popular Farmville, Words with Friends and CSR Racing franchises, Zynga will now become part of the Take-Two empire, though continue to make games under its own brand name.

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It’s the time of the year for major acquisitions, apparently. This time, it’s Zynga and the company purchased is Echtra Games, the...