Zynga has completed the acquisition of Solitaire mobile game applications from Harpan LLC in an all-cash deal worth approximately US$ 42.5 million.
The deal comes after Zynga last month also revealed mixed financial results for 2016, as GAAP revenue fell 3% year-on-year to €741.4 million, but GAAP net loss improved by 11% to US$ 108.2 million and bookings increased by 8% to US$ 754.5 million.
"On February 14, 2017, we purchased Solitaire mobile game
applications from Harpan LLC for approximately $42.5 million in cash,” Zynga
said in a statement. "As the initial accounting for the business combination is
incomplete as of the date of this filing, we will record the preliminary
purchase price allocation in the first quarter of 2017.”
Source: GMB
