On December 20, Zynga acquired an 80% stake in Small Giant Games, the maker of the popular game Empires and Puzzles, for $ 560 million. The deal will eventually lead to a full acquisition of $ 700 million. Most importantly, it will add popular game franchises to Zynga's portfolio of games, or games that can be downloaded for free, but includes many opportunities for micro transactions. In July, Small Giant Games touted 3 million monthly active users and 15 million downloads, all by a team that had only 12 employees when they developed the game back in 2016.
The agreement, which is scheduled to close on December 31, gives Zynga a major new title with strong international appeal. Empires & Puzzles has been downloaded more than 26 million times since it was introduced 18 months ago and is the third best-selling game on the Google Play store, according to data from App Annie. This game allows fans to gather heroes and fight with other players. This will immediately become one of Zynga's biggest revenue generators, along with Words With Friends, according to Chief Executive Officer Frank Gibeau. If you need Buy Zynga Chips, you can visit our site 5mmo.com.
"We were impressed with the quality and momentum of Empires & Puzzles when we added the Forever Franchise to Zynga's portfolio," said Frank Gibeau, CEO of Zynga. "Small Giant has created an innovative game that presents a unique player experience that involves the long term. We are very happy that Little Giant joined Zynga because they increased our next growth phase. "
Zynga enhances the 2018 fourth quarter guide based on the strong performance of bold holiday beats across its entire direct service portfolio - specifically, Words With Friends, Merge Dragons! and CSR2. In addition, World of Candy Wonka started a promising start since it was launched in early November. As a reminder, this performance does not include contributions from Giant Kecil because the transaction is expected to be closed effectively on January 1, 2019.
