Entry into One of the Largest and Fastest Growing Mobile Game Categories
Expands and Diversifies Zynga’s Advertising Business
Adds a Highly Talented Team and Extensive Network of External Developers
Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, and Rollic, an Istanbul-based mobile games developer and publisher with an exciting portfolio of popular hyper-casual games that have been downloaded more than 365 million times, announced today that the companies have closed the transaction under which Zynga acquired 80% of Rollic for a total purchase price, including working capital adjustments, of approximately $180 million in cash. Over the next three years, Zynga will acquire the remaining 20% in equal installments at valuations based on specific topline and profitability goals.
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Zynga Closes Acquisition of Istanbul-Based Rollic, a Leader in the Fast-Growing Hyper-Casual Games Business (Photo: Business Wire)
DUBLIN, Sept. 25, 2020 /PRNewswire/ — The “Global Social Casino Market: Size and Forecasts with Impact Analysis of COVID-19 (2020-2024 Edition)” report has been added to ResearchAndMarkets.com’s offering.
The report provides an analysis of the global social casino, with detailed analysis of market size and growth. The analysis includes the market by value, by segment, by platform and by region. The report also provides detailed analysis of the global social casino market of North America, Asia and Europe region.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global social casino has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Zynga Inc., International Game Technology Plc. (IGT), Scientific Games Corporation and Caesars