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Google prepares Google Games?

Recently, there are more and more rumors about the work of Google in areas that are not directly related to the search business. So, Michael Arrington writes , citing his sources, that Google has almost secretly invested between 100 and 200 million dollars in the company Zynga.

Zynga is known as a developer of browser games, working both independently and on social networks like Facebook and MySpace. The company has already raised about half a billion dollars in venture capital investments, including $ 150 million from Softbank Capital last month and $ 180 million at the end of last year from Digital Sky Technologies, Tiger Global, Institutional Venture Partners and Andreessen Horowitz.

According to sources of Arrington, the investment was made by Google itself, and not its subsidiary Google Ventures, which indicates the strategic importance of the deal. Zynga will probably become the most important element of the new Google Games service, which, according to various sources, will be launched later this year.

The same sources say that Zynga’s revenues for the first half of 2010 amounted to $ 350 million, half of which is operating profit. In 2011, Zynga plans on at least $ 1 billion in revenue. These figures are much higher than previous forecasts.
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Both Google and Zynga declined to comment. But it is interesting that among the open vacancies, Google has one called " Product Management Leader, Games - Mountain View ".

Source: https://habr.com/ru/post/98878/


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