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Rovio rejected $2.25 billion acquisition offer by Zynga

Zynga tried to acquire Rovio for $2.25 billion but were rejected

Anthony Garreffa | Nov 29, 2011 at 1:27 am CST (0 mins, 42 secs time to read)

Rovio, the team behind the phenomenally successful Angry Birds, allegedly rejected a $2.25 billion acquisition offer from Zynga over the summer. The news comes from a New York Times piece of how Zynga's tough corporate culture may gush talent as soon as unhappy employees with stock make some money on the IPO.

Rovio rejected $2.25 billion acquisition offer by Zynga | TweakTown.com

Zynga also reportedly lost out on acquiring PopCap Games also, which it tried to wave a sweet billion dollars under the noses of the company. In the end, Electronic Arts took PopCap under their wing for just $750 million with performance bonuses.

For Zynga to offer PopCap games more money, and still lose out, it says a lot about their employee perception problem. I do like what Joystiq had to say with "At least Zynga execs can dry their tears with thousand dollar bills." Sums it up nicely.

Last updated: Apr 7, 2020 at 11:24 am CDT

NEWS SOURCE:joystiq.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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