Stepping back from remarks a few weeks ago that suggested that Zynga was about to go on a shopping spree, Zynga chief executive Mark Pincus said the $180 million acquisition of Draw Something-maker OMGPOP was a "rare instance." Although OMGPOP was certainly a step up from anything Zynga has ever done before, Pincus said it didn't represent a change in strategy from last year. He said Zynga will continue to be "prudent and bottom line-oriented" in its decisions today during the first-quarter earnings call.�That's a�change in tone from an interview with Bloomberg a few weeks ago when he said that he expected to do "a few? OMGPOP-sized deals in the next three to five years. His remarks helped send shares tumbling 13.9 percent from the day the story appeared.
Freitag, 27. April 2012
Zynga CEO Mark Pincus: $180M OMGPOP Acquisition Was A ?Rare Instance?
Stepping back from remarks a few weeks ago that suggested that Zynga was about to go on a shopping spree, Zynga chief executive Mark Pincus said the $180 million acquisition of Draw Something-maker OMGPOP was a "rare instance." Although OMGPOP was certainly a step up from anything Zynga has ever done before, Pincus said it didn't represent a change in strategy from last year. He said Zynga will continue to be "prudent and bottom line-oriented" in its decisions today during the first-quarter earnings call.�That's a�change in tone from an interview with Bloomberg a few weeks ago when he said that he expected to do "a few? OMGPOP-sized deals in the next three to five years. His remarks helped send shares tumbling 13.9 percent from the day the story appeared.
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