Unprecedented acquisition spree shows no signs of slowing
[Update 1: Develop erroneously implied Zynga has made moves to open its Ireland studio very recently, overlooking that this move was announced earlier in the year. New job postings suggest the studio has now opened.]
Social gaming giant Zynga is expanding its reach further across the Atlantic by opening a new studio in Ireland, a news report has found.
In a move that can only aid the economic revival that Ireland is so anxiously seeking, Zynga Ireland will create new jobs in one of its cities with – according to newspaper the Irish Independent – a ‘sizable’ operation.
A Zynga spokesperson confirmed the wheels are in motion but declined to specify on the details of the move.
“We are expanding our operations into Ireland and will have more to talk about later,” the spokesperson said.
However, the Ireland studio won’t be the one that claims Zynga’s virginity in its EU expansion plan – in September the Farmville group bought German company Dextrose, creator of the Aves Engine.
Independent valuations of Zynga have been as high as $3 billion. The San Francisco outfit has undergone a process of fearsome expansion, having acquired over ten studios in twelve months, now employing 1,200 full time staff.