Tag Archives: zynga

Zynga settles CityVille copyright lawsuit

Social games giant Zynga has ended its legal action on Brazilian games firm Vostu for alleged copyright infringement. Zynga took legal action on Vostu in June for ‘infringement of its creative works’ including titles such as Zynga’s popular Facebook game CityVille. Now Vostu has agreed to pay a fee to …

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Zynga begins pitching IPO to investors

Mark Pincus, the chief executive of social games giant Zynga, has begun pitching his company to key investors in preparation for its upcoming IPO. VentureBeat reports that Zynga’s IPO will value the company for between $8bn and $9bn – slightly less than the already down-sized $10bn valuation touted last week. …

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$4bn vanishes from estimated Zynga value

Zynga seems to have downsized estimations of its own worth ahead of the much-awaited IPO for the company. The firm’s valuation will be revealed on December 15th, Reuters reports, but sources close to the news service say that it is now aiming for around $8 to $10 per share, meaning …

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