The developers of Farmville just got some splendid news from a Russian investment firm. The Digital Sky Technologies firm has agreed to invest $180,000,000 into the social gaming company. This news comes after Zynga announced that its social games are among the most popular on Facebook, with nearly one-third of the Facebook’s users playing their games monthly. According to Virtual Worlds News, Digital Sky Technologies will take a passive role in the company and will not hold a seat or have observer rights on Zynga’s board of directors.
One report claims that Zynga’s company value is now upward to 1.5 Billion dollars.
What does this mean for you? Well for starters this means that all the time you are spending inside games like Farmville and Petville will not be for nothing anytime soon. There is no indication that Zynga will shut down its popular services.
Since removing the sketchy advertising model of the past raising capital was the next best way to receive money for the company, so congrats are to Zynga!
One report claims that Zynga’s company value is now upward to 1.5 Billion dollars.
What does this mean for you? Well for starters this means that all the time you are spending inside games like Farmville and Petville will not be for nothing anytime soon. There is no indication that Zynga will shut down its popular services.
Since removing the sketchy advertising model of the past raising capital was the next best way to receive money for the company, so congrats are to Zynga!
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