Zynga buys "You draw me guess" leads to nearly 100 million dollar write-downs

Source: Internet
Author: User
Keywords Acquisitions resulting
Tags company developer developers game game developer game developers sina sina science and technology
Sina Science and technology news Beijing time of October 6, the U.S. social game developer Zynga said in Thursday, the acquisition of "You draw I guess" (Draw something) Game developers Omgpop transactions, the company's third quarter will write down 85 million U.S. dollars to 95 million U.S. dollars. This March, Zynga bought Omgpop for $183 million in cash.  Zynga said in Thursday that the deal would bring a $85 million trillion to $95 million trillion in writedowns for the company's third quarter. Zynga also said its third-quarter revenues would be lower than previously expected.  Zynga now expects revenues to reach $300 million trillion to $305 million trillion, with a net loss of $95 million to $105 million. Insiders said that this indirectly indicates that "you draw I guess" the good days have passed. Mark Pincus, Zynga's CEO, said the company's third quarter was still a Mark Ping, with the fourth quarter planning to cut costs and focus on mobile operations. In addition, Zynga will deal with the current downward trend by compressing costs and focusing on new games. (Li Ming)
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