Zynga Readies for Major International Expansion With $147M SoftBank Investment
A rumored investment in Zynga by Japan’s SoftBank, first suggested by VentureBeat in April, has finally come to light. The Japanese conglomerate has put $147 million into Zynga, as reported by Nikkei.com and confirmed by Bloomberg. [Update: However, a source tells MediaMemo that the deal hasn’t quite closed yet — but is expected to.]
The investment adds to an already-bulging war chest for Zynga. Its last round was $180 million from a consortium led by Digital Sky Technologies, late last year.
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