Zynga Purchases "draw Something" Makers Omgpop For $180 Million

OMGPOP

? "OMG! A big Zynga group hug to OMGPOP, talented creators of Draw Something," tweeted social games titan Zynga Wednesday. Apparently, in this universe, a "big Zynga group hug" translates to $180 million, the price that All Things D claims Zynga paid to acquire the makers of the most popular mobile Facebook app.

Sections:  news   business   
RELATED ARTICLES
  • Microsoft may buy Barnes & Noble's Nook unit for $1 billionMicrosoft may buy Barnes & Noble's Nook unit for $1 billion
    According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture. More
  • LinkedIn Shares Slide After Disappointing Outlook
    LinkedIn's surging share price cooled Friday as the social network projected slower revenue growth next quarter following a decision to lower the number of display ads that the website shows. More
  • Mobile Efforts Help Propel Facebook’s EarningsMobile Efforts Help Propel Facebook’s Earnings
    Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
  • All Eyes On Facebook's Mobile Growth And Graph Search Progress
    Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
  • Bayer to pay $1.1B for California firm Conceptus
    Germany drug company Bayer AG says it intends to buy California-based Conceptus to expand its birth control offerings. Bayer said Monday it would launch a pupublicblic offer to pay $31.00 per share for all the stock in Conceptus, Inc. That means Bayer would pay $1.1 billion. More
BING NEWS:
  • OMGPop Shuts Down, Cost Zynga $450k A Day
    It was just last year when OMGPop’s game, Draw Something, was something of a huge hit, to the extent where screen captures of the game started appearing on my Facebook newsfeed. Due to huge popularity, Zynga decided to acquire the company, hoping that it ...
    06/5/2013 - 12:07 am | View Link
  • Zynga Inc (ZNGA) Doubles Down With Draw Something
    Zynga Inc (NASDAQ:ZNGA) fell victim to a torrent of criticism when they ponied up $200 million for OMGPOP, the makers of DrawSomething ... the game but they were also spending money on in-app purchases. Zynga wasn’t wrong in this understanding but ...
    04/15/2013 - 9:49 am | View Link
  • Zynga, East Coast Publishers Talk Strategies at Mobile Gaming USA East
    Chieh Huang, a director with Zynga Mobile NY, said during a panel that game makers ... East Coast game scene. San Francisco’s Zynga has increased its New York presence in recent years with its acquisitions of Area/Code and “Draw Something” maker OMGPOP.
    02/5/2013 - 1:53 am | View Link
  • Zynga Flashes $1.8 Billion Searching for the New FarmVille: Tech
    Zynga’s retooled acquisitions team is working to speed up its deal-making process, outbid rivals on price and do a better job of keeping the talent it purchases. Their objective: injecting more high-growth hits like OMGPop’s “Draw Something” into ...
    04/17/2012 - 7:28 am | View Link
  • Is Zynga eyeing Glu Mobile as another acquisition?
    The San Francisco-based social gaming giant is now rumored to be going after yet another rival game developer, only days after spending $180 million to buy OMGPOP, the makers of the hit mobile game Draw Something. This time it is Glu Mobile, makers of “C ...
    03/27/2012 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Zynga
    In its first years of existence, Zynga has been criticized on various fronts, sometimes resulting in legal action. Game quality . Critics like Nick Saint of Business ...
    09/2/2014 - 4:29 am | View Website
  • Zynga | Play free online games with friends
    Yard Sale: Hidden Treasures; Z. Zombie Smash Zynga Plus Casino Zynga Plus Poker Zynga Poker
    09/1/2014 - 11:43 pm | View Website
  • ChefVille Cheats Chef Cash Level Ingredients Tricks
    Browse all ChefVille Cheats for Level XP Ingredients. Plus Latest Tips, Tricks & Guides Chef Cash 2014 Posts
    09/1/2014 - 10:52 pm | View Website
  • Oh snap, we couldn't find that.
    Oh snap, we couldn’t find that. Visit our homepage or use the search box above in the main menu to find what you’re looking for.
    09/1/2014 - 1:48 pm | View Website
  • India
    The latest India and international business, finance, economic and political news, comment and analysis from the Financial Times on FT.com
    09/1/2014 - 5:20 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News