Today it became known about the gaming deal, which threatens to become the largest in recent times. American gaming giant Zynga has agreed to acquire the Turkish studio Peak Games for an astronomical sum of $ 1.8 billion.
Toon Blast
He will pay half of the amount in cash, the other half in his own shares.
That is, the owners of Peak Games, in addition to $900 million, will receive 114 million shares of Zynga at a price of $7.92 each. Officially, the deal will be completed only in the third quarter of this year.
Peak Games is one of the central players in the match games market today. She is the developer and publisher of such popular games as Toon Blast and Toy Blast. According to AppMagic, the revenue of each of them from inaps for the entire time of operation is more than $ 600 million.
According to Bloomberg, the deal will increase the daily audience of Zynga games by 60%. It is also expected that revenue from Peak Games will increase Zynga’s revenue for the second fiscal half of the year by $300 million.
Prior to this event, Zynga’s last major deal was the acquisition of the Finnish Small Giant Games. Then the American corporation paid $560 million for the controlling stake of the authors of the hit Empires & Puzzles.
Also on the topic:
- Zynga Buys 80% of Empires & Puzzles Authors for $560 MillionZynga earned $1.32 billion for the year and avoided losses thanks to the sale of the office
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