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NYT: Rovio shot down $2.25 billion Zynga acquisition

Angry Birds developer Rovio allegedly rejected a $2.25 billion acquisition offer by Zynga over the summer. The report comes from a New York Times piece about how Zynga's tough corporate culture may gush talent as soon as unhappy employees with stock make bank on the IPO.

The piece also mentions how Zynga lost out on acquiring PopCap earlier this year for nearly a billion in cash to Electronic Arts, which offered a mere $750 million with performance bonuses.

Clearly, if Zynga offered more cash and lost to a company like EA (which had its own share of image issues in the past), it's not hard to contextualize that the Farmville publisher has a slight employee perception problem. At least Zynga execs can dry their tears with thousand dollar bills.
Via: MCV
Source: NYT
In this article: farmville, ios, ipad, iphone, mobile, pc, Rovio, Zynga

Alexander is the News Content Director for Joystiq and has been a prolific contributor to the site for over half a decade. Responsible for more than 8,000 posts and distinguished by his breaking and original news reports. Alexander has a degree in Broadcast Journalism from Hofstra University. He's currently studying for his MBA at Northeastern University.