May 2nd, 2011 by Arjan Olsder Posted in Companies & M&A | No Comments »
UK based studio PopCap games has acquired San Francisco based social games studio ZipZapPlay. With this acquisition, PopCap extends its Facebook portfolio as well as settles itself in Silicon Valley.
ZipZapPlay adds 17 heads to the payroll of PopCap Games that will all remain in their current positions. Financial terms were not disclosed.
“The team at ZipZapPlay is one of the best in the social games space, and combined with our existing group in Seattle gives us the opportunity to dramatically expand our development resources,” said John Vechey, PopCap co-founder and VP of Corporate Strategy and Development, who oversaw the acquisition. “While the acquisition creates immediate cross-promotional and operations benefits, this is a strategic move with huge long-term potential; we believe ZipZapPlay can help us further evolve and expand the definition of social games.”
