Draw Something Game Tops iOS Charts, Zynga Looks to Acquire
Posted March 19, 2012 at 9:20pm by iClarified
Zynga is reportedly looking to purchase 'Draw Something', a game that is currently topping both the paid and free iOS charts, says TechCrunch.
Zynga is in talks to acquire OMGPOP, the maker of massive hit Draw Something, according to a source with direct knowledge of the discussions. It's my understanding that the talks have not yet entered the more advanced, exclusivity stage because there are still other Japanese buyers like GREE that are interested in the company. When asked for comment, Zynga said it does not comment on rumors 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.
Draw Something is a social drawing and guessing game that has an amazing 5 star rating over nearly 600,000 reviewers. You can purchase the full version of Draw Something from the App Store for $0.99. There is also a free ad-supported version.
Read More [via TechCrunch]
Zynga is in talks to acquire OMGPOP, the maker of massive hit Draw Something, according to a source with direct knowledge of the discussions. It's my understanding that the talks have not yet entered the more advanced, exclusivity stage because there are still other Japanese buyers like GREE that are interested in the company. When asked for comment, Zynga said it does not comment on rumors 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.
Draw Something is a social drawing and guessing game that has an amazing 5 star rating over nearly 600,000 reviewers. You can purchase the full version of Draw Something from the App Store for $0.99. There is also a free ad-supported version.
Read More [via TechCrunch]