Social gaming developer Zynga has 300 million dollars for acquisitions

Beijing time July 13 morning news, according to foreign media reports, industry speculation, social game developers Zynga has now held 300 million of dollars in cash, will be used to buy smaller competitors. There have been recent reports that Zynga is financing 100 million of billions of dollars from Google. That means Zynga has financed 340 million of billions of dollars from venture capital institutions. At the same time, no reports have been received about how Zynga uses these funds.　　Zynga, on the other hand, is now profitable, and its 2009 revenue will reach $700 million trillion. Zynga did not comment, but sources close to Zynga said Zynga CEO Mark Ping Golf was "preparing ammunition depots and all other necessary tools for acquisitions". Industry insiders speculate that Zynga is stockpiling cash to buy any of its smaller rivals that might overtake it.　　Zynga has bought investigative Business this year. "We want Playfish to continue, we can buy it or merge with it," said Playfish, after the EA bought Zynga's rival, 400 million dollars, in December 2009. If the timing is different, we could have finished the deal a quarter ago. "(Edit Zhang Xing)