Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
August 29, 2016
arrowPress Releases
August 29, 2016
PR Newswire
View All






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


At $10 A Share, Zynga To Raise $1B In Friday's IPO
At $10 A Share, Zynga To Raise $1B In Friday's IPO
December 15, 2011 | By Frank Cifaldi




On the eve of its IPO, social gaming company Zynga has priced its shares at $10, placing them on the high end of its target.

The price (reported by Reuters) puts a valuation of approximately $7 billion dollars on the FarmVille and CityVille maker, giving the company a higher pricetag than other video game giants including Electronic Arts.

The company will raise $1 billion in capital tomorrow based on the 100 million shares being offered. This makes it the largest IPO from a U.S. internet company since Google went public in 2004 and raised $1.7 billion.

Zynga's targeted share prices when it filed with the SEC last month were between $8.50 and $10.

The company will be listed on NASDAQ Friday under the ticker symbol "ZNGA."


Related Jobs

Koolhaus Games Inc.
Koolhaus Games Inc. — Vancouver, British Columbia, Canada
[08.29.16]

Software Engineer
Industrial Light & Magic
Industrial Light & Magic — San Francisco, California, United States
[08.29.16]

ILMxLAB Game Engine Programmer
Cryptic Studios
Cryptic Studios — Los Gatos, California, United States
[08.29.16]

Systems Designer (All Levels)
Cryptic Studios
Cryptic Studios — Los Gatos, California, United States
[08.29.16]

Producer (Mid - Senior Level)









Loading Comments

loader image