Zynga completed the acquisition of Gram Games from Hummingbird Ventures for $250m.

Zynga, a social game developer, completed the acquisition of Gram Games, a privately-held mobile game developer, from Hummingbird Ventures, a venture capital fund, for $250m. “We’ve been impressed by the unique culture that Gram Games has created, as well as their innovative approach to game making. By acquiring Gram Games, we’re expanding our portfolio of live game franchises, while also adding a number of exciting new starts to our pipeline of future games. In particular, we’re huge fans of Merge Dragons! and believe it has the potential to be a new forever franchise for Zynga,” Frank Gibeau, Zynga CEO.