Tech Company M&A Transactions
Peak Games Acquisition
Peak Games, operating out of Kadiköy Istanbul, was acquired by Zynga Game Network. The acquisition price was $1.8 billion.
Transaction Overview
Company Name
Acquired By
Announced On
6/1/2020
Transaction Type
M&A
Amount
$1,800,000,000
M&A Terms
Zynga will acquire 100% of Peak for $1.8 billion, comprised of approximately $900 million in cash and approximately $900 million of Zynga common stock (issued at the volume-weighted average closing price per share over the thirty-day trading period ended May 29, 2020).
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
Katip Salih Sokak 8
Kadiköy Istanbul, 34718
Turkey
Kadiköy Istanbul, 34718
Turkey
Phone
Undisclosed
Website
Email Address
Overview
Peak Games is the largest and fastest-growing gaming company focusing on emerging markets such as Turkey and MENA. With more than 15 million active players drawn from one of the world's fastest growing gaming markets, Peak Games already ranks as one of the 10 largest social gaming companies globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sidar Sahin
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We document all VC transactions involving tech companies. VC transactions on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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