Zynga Aquires Mobile Games Developer StarLark for $525mPublished October 15, 2021 by Sol FH
With this acquisition, Zynga has improved its position in the mobile gaming vertical.
Social gaming giant Zynga has completed its planned acquisition of mobile games developer StarLark. The studio is from Betta Games and the deal went through for $525m in cash and stock.
No major changes will be made to the StarLark team, founder, and GM, Henry You will continue to manage the operations and Zynga is quite pleased with the arrangement.
Praise all Around
“We could not be more pleased to welcome StarLark’s extraordinarily accomplished team to Zynga,” Zynga chief executive Frank Gibeau commented. “StarLark and Zynga share a common vision – to bring people together through games.
“With Golf Rival, we are expanding Zynga’s portfolio with a new hit franchise and are establishing a developer presence in China, a country with unparalleled technical and creative talent. As a combined team, we are well-positioned to grow faster together.”
StarLark’s Henry You commented: “StarLark shares a common passion with Zynga for uniting mobile gamers from anywhere in the world. By partnering with Zynga, we will have access to the company’s extensive global resources and expertise, while continuing to develop new and exciting content for players.
“We are thrilled to embark on the next chapter of our journey with Zynga, a global leader in mobile gaming.”
Improving Its Position
The deal was announced by Zynga in August of 2021 and follows the acquisition of Chartboost for a price tag of $250.0m.
StarLark is an innovative mobile games studio and Zynga will be able to improve its position thanks to the team of mobile-first developers.