Blizzard says social game developers are valuing too much

Source: Internet
Author: User
Keywords Valuations blizzard too high
Tags blizzard developers example facebook facebook and game game developers games
Sina Science and technology news Beijing time, August 19 morning, the world's largest video game developers Dynamic Blizzard said Thursday, Facebook and other social networking site game developers are overvalued, making it less interested in acquiring such companies. "Some social-game developers are overvalued, so it can be a problem if they want to buy," said Eric Hirshberg, the Eric Hoeshberg's chief executive, when asked whether Blizzard was interested in tapping into the social gaming market. "For example, Zynga is valued at $13.8 billion in the two-tier market platform Sharespost, and the Finnish newspaper reported this week that the popular game" Angry Birds "developer Rovio Entertainment chief Marketing Officer Peter Vista Becca Peter Vesterbacka  ) said the company's valuations could also be "around billions of dollars". The world's second-largest video game developer, the art power, has completed several acquisitions to boost revenue from social and mobile gaming. Hoeshberg says Blizzard will introduce more games to more platforms, such as mobile devices and social networks. By 2013, the revenues of online games and mobile games will grow by 50%, to $32.6 billion trillion, for the first time, according to PwC statistics. (Xuan Chen)
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.