Report: Zynga splashed out $20m for A Bit Lucky

Report: Zynga splashed out $20m for A Bit Lucky
Craig Chapple

By Craig Chapple

September 19th 2012 at 11:27AM

Start-up's 20 employees join San Francisco branch

Zynga spent more than $20m to acquire mid-core games developer A Bit Lucky, according to a report.

Speaking to Bloomberg, sources “with knowledge of the deal” said the purchase was worth between $20m-to-$25m.

The sources asked not to be named as the terms of the deal were not officially disclosed.

The start-up studio was acquired by the social gaming giant earlier this week, with its 20 employees joining Zynga’s San Francisco office.

A Bit Lucky was founded by Frederic Descamps and Jordan Maynard, with employees at the developer including veterans from Trion Worlds and xfire.

The studio is currently working on a new title named Solstice Arena, with development on the project expected to continue as part of the deal.