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March 19, 2012 08:45 pm GMT
Zynga is in talks to acquire OMGPOP, the maker of massive hit Draw Something, according to a source with direct knowledge of the discussions. Talks are still in an earlier stage and it's my understanding that there may be other foreign buyers that are still pursuing the company. When asked for comment, Zynga said it does not comment on rumor or speculation. Given that OMGPOP has raised around $17 million to date, I'd expect the price for this deal to be in the $150 to $250 million range. In e-mails over the weekend, OMGPOP chief executive Dan Porter also didn't answer questions about interest from Japanese buyers.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GEmPwBbPna0/
Zynga Is In Talks To Buy Draw Something Maker OMGPOP
Zynga is in talks to acquire OMGPOP, the maker of massive hit Draw Something, according to a source with direct knowledge of the discussions. Talks are still in an earlier stage and it's my understanding that there may be other foreign buyers that are still pursuing the company. When asked for comment, Zynga said it does not comment on rumor or speculation. Given that OMGPOP has raised around $17 million to date, I'd expect the price for this deal to be in the $150 to $250 million range. In e-mails over the weekend, OMGPOP chief executive Dan Porter also didn't answer questions about interest from Japanese buyers.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GEmPwBbPna0/
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