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Synopsis
Zynga, a specialist in interactive entertainment, completed the acquisition of an 80% stake in Rollic, a mobile games developer and publisher, for $180m. Over the next three years, Zynga will acquire the remaining 20% in equal installments at valuations based on specific profitability goals. "We are memorably excited to be joining Zynga, a perfect home for Rollic’s culture and core values. In this new chapter, Zynga and Rollic will bring together a massive production power filled with creativity, quality and extremely talented teams. We’re devoted to reflect the potential energy of this joining by creating the next generation of mobile gaming," Burak Vardal, Rollic Founder and CEO.
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