News: Google reportedly invests in Zynga

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Google reportedly invests in Zynga

By Hanleigh Daniels 13 July 2010 | Categories: news

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Google has reportedly invested between $100 million and $200 million in social gaming company Zynga, the company behind such popular online games as FarmVille, Mafia Wars and FrontierVille.

According to Tech Crunch, the investment part of the deal closed a month or so ago with a larger strategic partnership still in the works. This investment was apparently made by Google itself according to Tech Crunch’s sources and will see Zynga becoming the cornerstone of a new Google Games platform that will be launching later this year.

Google Checkout might even replace PayPal as the primary payment option within Zynga’s games as the search company is looking for ways to make this service more relevant.

Google has also posted a job opening for a product management leader for a Games Division.

TAGS:

Zynga Google mergers and acquisitions online gaming

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