Zynga has acquired OMGPOP, adding Draw Something to its list of popular social and mobile gaming titles. Zynga reportedly paid OMGPOP for some $180 million, plus another $30 million in employee retention. Read more »
Social game developer Lolapps has signed an agreement to merge with game publisher 6waves The newly combined company will have one major competitor in its sights: Zynga. “We’re going to be the clear number two in the space very quickly,” said Lolapps CEO Arjun Sethi. Read more »