Key Takeaways
- Social gaming giant Zynga has announced the acquisition of Turkish mobile games studio Peak Games for $100 million cash.
- Peak’s portfolio includes Gin Rummy Plus and Spades Plus, two simultaneous multi-player card games that claim to be the largest of their kind in the world, both with hundreds of thousands of reviews in the Apple and Android app stores.
- The company does not expect the deal to complete until late in the year, so it has not updated Q4 guidance.
Social gaming giant Zynga has announced the acquisition of the cards division of Turkish mobile games studio Peak Games for $100 million cash.
Peak’s card game portfolio includes Gin Rummy Plus and Spades Plus, two simultaneous multi-player card games that claim to be the largest of their kind in the world, both with hundreds of thousands of reviews in the Apple and Android app stores.
